This property looks like a bad Mid-Term investment with a projected -6.95% first-year return on $99,060 initial cash invested.
-6.95%
Cash On Cash
4.95%
Cap Rate
0.77
DSCR
$2,634
Rent
-$574
Cashflow
Cash Flow
$2,634 income − $3,208 expenses = $574 out of pocket
Investment Breakdown
|
Purchase Price
$386k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$99,060
Downpayment
20%
$77,200
Closing costs
1%
$3,860
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$2,634
Total Expenses
$3,208
Mortgage P&I
78%
$2,061
Property Taxes
4%
$117
Home Insurance
5%
$135
HOA
0%
$0
Property Management
12%
$316
CapEx
4%
$105
Vacancy
3%
$79
Maintenance
4%
$105
Other
11%
$290