This property looks like a bad Mid-Term investment with a projected -5.77% first-year return on $98,955 initial cash invested.
-5.77%
Cash On Cash
5.39%
Cap Rate
0.83
DSCR
$3,164
Rent
-$476
Cashflow
Cash Flow
$3,164 income − $3,640 expenses = $476 out of pocket
Investment Breakdown
|
Purchase Price
$386k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$98,955
Downpayment
20%
$77,100
Closing costs
1%
$3,855
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,164
Total Expenses
$3,640
Mortgage P&I
66%
$2,082
Property Taxes
11%
$348
Home Insurance
4%
$133
HOA
0%
$0
Property Management
12%
$380
CapEx
4%
$127
Vacancy
3%
$95
Maintenance
4%
$127
Other
11%
$348