This property looks like a bad Mid-Term investment with a projected -3.83% first-year return on $101k initial cash invested.
-3.83%
Cash On Cash
5.67%
Cap Rate
0.91
DSCR
$3,459
Rent
-$322
Cashflow
Cash Flow
$3,459 income − $3,781 expenses = $322 out of pocket
Investment Breakdown
|
Purchase Price
$395k
Downpayment
20.0%
Interest Rate
6.8%
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
$3,459
Total Expenses
$3,781
Mortgage P&I
59%
$2,052
Property Taxes
12%
$414
Home Insurance
4%
$140
HOA
0%
$0
Property Management
12%
$415
CapEx
4%
$138
Vacancy
3%
$104
Maintenance
4%
$138
Other
11%
$380