This property looks like a bad Mid-Term investment with a projected -11.56% first-year return on $127k initial cash invested.
-11.56%
Cash On Cash
3.67%
Cap Rate
0.59
DSCR
$3,322
Rent
-$1,225
Cashflow
Cash Flow
$3,322 income − $4,547 expenses = $1,225 out of pocket
Investment Breakdown
|
Purchase Price
$520k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$127k
Downpayment
20%
$104k
Closing costs
1%
$5,199
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$3,322
Total Expenses
$4,547
Mortgage P&I
81%
$2,681
Property Taxes
17%
$554
Home Insurance
5%
$182
HOA
0%
$0
Property Management
12%
$399
CapEx
4%
$133
Vacancy
3%
$100
Maintenance
4%
$133
Other
11%
$365