This property looks like a bad Mid-Term investment with a projected -4.44% first-year return on $99,354 initial cash invested.
-4.44%
Cash On Cash
6.02%
Cap Rate
0.9
DSCR
$3,752
Rent
-$368
Cashflow
Cash Flow
$3,752 income − $4,120 expenses = $368 out of pocket
Investment Breakdown
|
Purchase Price
$387k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$99,354
Downpayment
20%
$77,480
Closing costs
1%
$3,874
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,752
Total Expenses
$4,120
Mortgage P&I
58%
$2,160
Property Taxes
13%
$473
Home Insurance
4%
$135
HOA
2%
$76
Property Management
12%
$450
CapEx
4%
$150
Vacancy
3%
$113
Maintenance
4%
$150
Other
11%
$413