This property looks like a bad Mid-Term investment with a projected -9.67% first-year return on $105k initial cash invested.
-9.67%
Cash On Cash
4.5%
Cap Rate
0.68
DSCR
$2,802
Rent
-$847
Cashflow
Cash Flow
$2,802 income − $3,649 expenses = $847 out of pocket
Investment Breakdown
|
Purchase Price
$415k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$105k
Downpayment
20%
$83,000
Closing costs
1%
$4,150
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$2,802
Total Expenses
$3,649
Mortgage P&I
82%
$2,290
Property Taxes
9%
$262
Home Insurance
5%
$145
HOA
0%
$0
Property Management
12%
$336
CapEx
4%
$112
Vacancy
3%
$84
Maintenance
4%
$112
Other
11%
$308