This property looks like a bad Mid-Term investment with a projected -11.68% first-year return on $123k initial cash invested.
-11.68%
Cash On Cash
3.95%
Cap Rate
0.6
DSCR
$2,985
Rent
-$1,196
Cashflow
Cash Flow
$2,985 income − $4,181 expenses = $1,196 out of pocket
Investment Breakdown
|
Purchase Price
$500k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$123k
Downpayment
20%
$99,900
Closing costs
1%
$4,995
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$2,985
Total Expenses
$4,181
Mortgage P&I
91%
$2,720
Property Taxes
9%
$272
Home Insurance
6%
$175
HOA
0%
$0
Property Management
12%
$358
CapEx
4%
$119
Vacancy
3%
$90
Maintenance
4%
$119
Other
11%
$328