This property looks like a bad Mid-Term investment with a projected -5.37% first-year return on $126k initial cash invested.
-5.37%
Cash On Cash
5.24%
Cap Rate
0.86
DSCR
$4,614
Rent
-$563
Cashflow
Cash Flow
$4,614 income − $5,177 expenses = $563 out of pocket
Investment Breakdown
|
Purchase Price
$514k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$126k
Downpayment
20%
$103k
Closing costs
1%
$5,136
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,614
Total Expenses
$5,177
Mortgage P&I
57%
$2,622
Property Taxes
17%
$770
Home Insurance
4%
$198
HOA
0%
$17
Property Management
12%
$554
CapEx
4%
$185
Vacancy
3%
$138
Maintenance
4%
$185
Other
11%
$508