This property looks like a bad Mid-Term investment with a projected -8.97% first-year return on $128k initial cash invested.
-8.97%
Cash On Cash
4.85%
Cap Rate
0.73
DSCR
$3,966
Rent
-$956
Cashflow
Cash Flow
$3,966 income − $4,922 expenses = $956 out of pocket
Investment Breakdown
|
Purchase Price
$523k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$128k
Downpayment
20%
$105k
Closing costs
1%
$5,231
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$3,966
Total Expenses
$4,922
Mortgage P&I
73%
$2,910
Property Taxes
12%
$479
Home Insurance
5%
$184
HOA
0%
$0
Property Management
12%
$476
CapEx
4%
$159
Vacancy
3%
$119
Maintenance
4%
$159
Other
11%
$436