This property looks like a bad Mid-Term investment with a projected -6.09% first-year return on $106k initial cash invested.
-6.09%
Cash On Cash
5.18%
Cap Rate
0.82
DSCR
$3,314
Rent
-$538
Cashflow
Cash Flow
$3,314 income − $3,852 expenses = $538 out of pocket
Investment Breakdown
|
Purchase Price
$419k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$106k
Downpayment
20%
$83,740
Closing costs
1%
$4,187
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$3,314
Total Expenses
$3,852
Mortgage P&I
67%
$2,212
Property Taxes
11%
$373
Home Insurance
4%
$139
HOA
0%
$0
Property Management
12%
$398
CapEx
4%
$133
Vacancy
3%
$99
Maintenance
4%
$133
Other
11%
$365