This property looks like a bad Mid-Term investment with a projected -6.16% first-year return on $127k initial cash invested.
-6.16%
Cash On Cash
5.26%
Cap Rate
0.82
DSCR
$4,209
Rent
-$651
Cashflow
Cash Flow
$4,209 income − $4,860 expenses = $651 out of pocket
Investment Breakdown
|
Purchase Price
$518k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$127k
Downpayment
20%
$104k
Closing costs
1%
$5,178
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,209
Total Expenses
$4,860
Mortgage P&I
65%
$2,751
Property Taxes
12%
$494
Home Insurance
4%
$185
HOA
0%
$0
Property Management
12%
$505
CapEx
4%
$168
Vacancy
3%
$126
Maintenance
4%
$168
Other
11%
$463