This property looks like a bad Mid-Term investment with a projected -6.88% first-year return on $98,934 initial cash invested.
-6.88%
Cash On Cash
5.39%
Cap Rate
0.81
DSCR
$4,005
Rent
-$567
Cashflow
Cash Flow
$4,005 income − $4,572 expenses = $567 out of pocket
Investment Breakdown
|
Purchase Price
$385k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$98,934
Downpayment
20%
$77,080
Closing costs
1%
$3,854
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,005
Total Expenses
$4,572
Mortgage P&I
53%
$2,137
Property Taxes
22%
$866
Home Insurance
4%
$140
HOA
2%
$67
Property Management
12%
$481
CapEx
4%
$160
Vacancy
3%
$120
Maintenance
4%
$160
Other
11%
$441
Projection Charts
Investment Value YoY