This property looks like a bad Mid-Term investment with a projected -8.53% first-year return on $138k initial cash invested.
-8.53%
Cash On Cash
4.93%
Cap Rate
0.74
DSCR
$4,278
Rent
-$984
Cashflow
Cash Flow
$4,278 income − $5,262 expenses = $984 out of pocket
Investment Breakdown
|
Purchase Price
$574k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$138k
Downpayment
20%
$115k
Closing costs
1%
$5,736
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,278
Total Expenses
$5,262
Mortgage P&I
74%
$3,169
Property Taxes
8%
$356
Home Insurance
5%
$203
HOA
2%
$80
Property Management
12%
$513
CapEx
4%
$171
Vacancy
3%
$128
Maintenance
4%
$171
Other
11%
$471