This property looks like a bad Mid-Term investment with a projected -8.01% first-year return on $116k initial cash invested.
-8.01%
Cash On Cash
4.95%
Cap Rate
0.75
DSCR
$3,608
Rent
-$776
Cashflow
Cash Flow
$3,608 income − $4,384 expenses = $776 out of pocket
Investment Breakdown
|
Purchase Price
$468k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$116k
Downpayment
20%
$93,540
Closing costs
1%
$4,677
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$3,608
Total Expenses
$4,384
Mortgage P&I
71%
$2,561
Property Taxes
12%
$415
Home Insurance
5%
$164
HOA
1%
$18
Property Management
12%
$433
CapEx
4%
$144
Vacancy
3%
$108
Maintenance
4%
$144
Other
11%
$397