This property looks like a bad Mid-Term investment with a projected -9.1% first-year return on $99,816 initial cash invested.
-9.1%
Cash On Cash
4.54%
Cap Rate
0.7
DSCR
$3,177
Rent
-$757
Cashflow
Cash Flow
$3,177 income − $3,934 expenses = $757 out of pocket
Investment Breakdown
|
Purchase Price
$390k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$99,816
Downpayment
20%
$77,920
Closing costs
1%
$3,896
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,177
Total Expenses
$3,934
Mortgage P&I
66%
$2,104
Property Taxes
19%
$615
Home Insurance
4%
$136
HOA
0%
$0
Property Management
12%
$381
CapEx
4%
$127
Vacancy
3%
$95
Maintenance
4%
$127
Other
11%
$349