This property looks like a bad Mid-Term investment with a projected -3.88% first-year return on $100k initial cash invested.
-3.88%
Cash On Cash
5.5%
Cap Rate
0.9
DSCR
$3,350
Rent
-$324
Cashflow
Cash Flow
$3,350 income − $3,674 expenses = $324 out of pocket
Investment Breakdown
|
Purchase Price
$392k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$100k
Downpayment
20%
$78,360
Closing costs
1%
$3,918
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,350
Total Expenses
$3,674
Mortgage P&I
59%
$1,985
Property Taxes
12%
$411
Home Insurance
4%
$140
HOA
0%
$0
Property Management
12%
$402
CapEx
4%
$134
Vacancy
3%
$100
Maintenance
4%
$134
Other
11%
$368