This property looks like a bad Mid-Term investment with a projected -9.79% first-year return on $99,060 initial cash invested.
-9.79%
Cash On Cash
4.49%
Cap Rate
0.68
DSCR
$3,159
Rent
-$808
Cashflow
Cash Flow
$3,159 income − $3,967 expenses = $808 out of pocket
Investment Breakdown
|
Purchase Price
$386k
Downpayment
20.0%
Interest Rate
7.3%
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
$3,159
Total Expenses
$3,967
Mortgage P&I
67%
$2,125
Property Taxes
19%
$615
Home Insurance
5%
$154
HOA
0%
$0
Property Management
12%
$379
CapEx
4%
$126
Vacancy
3%
$95
Maintenance
4%
$126
Other
11%
$347