This property looks like a bad Mid-Term investment with a projected -13.94% first-year return on $106k initial cash invested.
-13.94%
Cash On Cash
3.22%
Cap Rate
0.5
DSCR
$2,385
Rent
-$1,231
Cashflow
Cash Flow
$2,385 income − $3,616 expenses = $1,231 out of pocket
Investment Breakdown
|
Purchase Price
$419k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$106k
Downpayment
20%
$83,800
Closing costs
1%
$4,190
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$2,385
Total Expenses
$3,616
Mortgage P&I
95%
$2,262
Property Taxes
17%
$397
Home Insurance
6%
$147
HOA
0%
$0
Property Management
12%
$286
CapEx
4%
$95
Vacancy
3%
$72
Maintenance
4%
$95
Other
11%
$262