This property looks like a bad Mid-Term investment with a projected -0.86% first-year return on $101k initial cash invested.
-0.86%
Cash On Cash
6.76%
Cap Rate
1.03
DSCR
$3,474
Rent
-$72
Cashflow
Cash Flow
$3,474 income − $3,546 expenses = $72 out of pocket
Investment Breakdown
|
Purchase Price
$395k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$101k
Downpayment
20%
$79,000
Closing costs
1%
$3,950
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,474
Total Expenses
$3,546
Mortgage P&I
62%
$2,158
Property Taxes
2%
$69
Home Insurance
4%
$138
HOA
0%
$0
Property Management
12%
$417
CapEx
4%
$139
Vacancy
3%
$104
Maintenance
4%
$139
Other
11%
$382