This property looks like a bad Mid-Term investment with a projected -1.16% first-year return on $100k initial cash invested.
-1.16%
Cash On Cash
6.61%
Cap Rate
1.02
DSCR
$3,618
Rent
-$97
Cashflow
Cash Flow
$3,618 income − $3,715 expenses = $97 out of pocket
Investment Breakdown
|
Purchase Price
$392k
Downpayment
20.0%
Interest Rate
7.1%
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
$3,618
Total Expenses
$3,715
Mortgage P&I
58%
$2,109
Property Taxes
7%
$235
Home Insurance
4%
$140
HOA
0%
$0
Property Management
12%
$434
CapEx
4%
$145
Vacancy
3%
$109
Maintenance
4%
$145
Other
11%
$398