This property looks like a bad Mid-Term investment with a projected -6.65% first-year return on $127k initial cash invested.
-6.65%
Cash On Cash
5.46%
Cap Rate
0.82
DSCR
$4,386
Rent
-$703
Cashflow
Cash Flow
$4,386 income − $5,089 expenses = $703 out of pocket
Investment Breakdown
|
Purchase Price
$519k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$127k
Downpayment
20%
$104k
Closing costs
1%
$5,186
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,386
Total Expenses
$5,089
Mortgage P&I
66%
$2,886
Property Taxes
12%
$529
Home Insurance
4%
$184
HOA
0%
$0
Property Management
12%
$526
CapEx
4%
$175
Vacancy
3%
$132
Maintenance
4%
$175
Other
11%
$482