This property looks like a bad Mid-Term investment with a projected -0.39% first-year return on $100k initial cash invested.
-0.39%
Cash On Cash
6.46%
Cap Rate
1.05
DSCR
$3,435
Rent
-$33
Cashflow
Cash Flow
$3,435 income − $3,468 expenses = $33 out of pocket
Investment Breakdown
|
Purchase Price
$392k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$100k
Downpayment
20%
$78,360
Closing costs
1%
$3,918
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,435
Total Expenses
$3,468
Mortgage P&I
58%
$2,005
Property Taxes
5%
$156
Home Insurance
4%
$140
HOA
0%
$0
Property Management
12%
$412
CapEx
4%
$137
Vacancy
3%
$103
Maintenance
4%
$137
Other
11%
$378