This property looks like a bad Mid-Term investment with a projected -8.69% first-year return on $124k initial cash invested.
-8.69%
Cash On Cash
4.69%
Cap Rate
0.73
DSCR
$4,449
Rent
-$898
Cashflow
Cash Flow
$4,449 income − $5,347 expenses = $898 out of pocket
Investment Breakdown
|
Purchase Price
$505k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$124k
Downpayment
20%
$101k
Closing costs
1%
$5,050
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,449
Total Expenses
$5,347
Mortgage P&I
61%
$2,693
Property Taxes
21%
$923
Home Insurance
4%
$177
HOA
1%
$42
Property Management
12%
$534
CapEx
4%
$178
Vacancy
3%
$133
Maintenance
4%
$178
Other
11%
$489