This property looks like a bad Mid-Term investment with a projected -4.02% first-year return on $100k initial cash invested.
-4.02%
Cash On Cash
5.47%
Cap Rate
0.9
DSCR
$3,312
Rent
-$336
Cashflow
Cash Flow
$3,312 income − $3,648 expenses = $336 out of pocket
Investment Breakdown
|
Purchase Price
$392k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$100k
Downpayment
20%
$78,460
Closing costs
1%
$3,923
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,312
Total Expenses
$3,648
Mortgage P&I
60%
$1,992
Property Taxes
12%
$392
Home Insurance
4%
$140
HOA
0%
$0
Property Management
12%
$397
CapEx
4%
$132
Vacancy
3%
$99
Maintenance
4%
$132
Other
11%
$364