This property looks like a bad Mid-Term investment with a projected -6.02% first-year return on $105k initial cash invested.
-6.02%
Cash On Cash
5.42%
Cap Rate
0.82
DSCR
$3,225
Rent
-$528
Cashflow
Cash Flow
$3,225 income − $3,753 expenses = $528 out of pocket
Investment Breakdown
|
Purchase Price
$416k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$105k
Downpayment
20%
$83,120
Closing costs
1%
$4,156
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$3,225
Total Expenses
$3,753
Mortgage P&I
71%
$2,276
Property Taxes
7%
$222
Home Insurance
5%
$158
HOA
0%
$0
Property Management
12%
$387
CapEx
4%
$129
Vacancy
3%
$97
Maintenance
4%
$129
Other
11%
$355