This property looks like a bad Mid-Term investment with a projected -9.74% first-year return on $109k initial cash invested.
-9.74%
Cash On Cash
3.82%
Cap Rate
0.58
DSCR
$2,295
Rent
-$889
Cashflow
Cash Flow
$2,295 income − $3,184 expenses = $889 out of pocket
Investment Breakdown
|
Purchase Price
$350k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$109k
Downpayment
20%
$69,980
Closing costs
1%
$3,499
Rehab
0%
$0
Furnishing
10%
$36,000
Cashflow
Total Income
$2,295
Total Expenses
$3,184
Mortgage P&I
83%
$1,912
Property Taxes
16%
$370
Home Insurance
5%
$122
HOA
0%
$0
Property Management
12%
$275
CapEx
4%
$92
Vacancy
3%
$69
Maintenance
4%
$92
Other
11%
$252
Projection Charts
Investment Value YoY