This property looks like a bad Mid-Term investment with a projected -10.77% first-year return on $106k initial cash invested.
-10.77%
Cash On Cash
4.07%
Cap Rate
0.63
DSCR
$2,799
Rent
-$951
Cashflow
Cash Flow
$2,799 income − $3,750 expenses = $951 out of pocket
Investment Breakdown
|
Purchase Price
$419k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$106k
Downpayment
20%
$83,800
Closing costs
1%
$4,190
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$2,799
Total Expenses
$3,750
Mortgage P&I
81%
$2,260
Property Taxes
14%
$391
Home Insurance
5%
$147
HOA
0%
$0
Property Management
12%
$336
CapEx
4%
$112
Vacancy
3%
$84
Maintenance
4%
$112
Other
11%
$308