This property looks like a bad Mid-Term investment with a projected -3.38% first-year return on $123k initial cash invested.
-3.38%
Cash On Cash
6.34%
Cap Rate
0.95
DSCR
$4,988
Rent
-$346
Cashflow
Cash Flow
$4,988 income − $5,334 expenses = $346 out of pocket
Investment Breakdown
|
Purchase Price
$500k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$123k
Downpayment
20%
$99,980
Closing costs
1%
$4,999
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,988
Total Expenses
$5,334
Mortgage P&I
56%
$2,786
Property Taxes
14%
$675
Home Insurance
4%
$175
HOA
0%
$0
Property Management
12%
$599
CapEx
4%
$200
Vacancy
3%
$150
Maintenance
4%
$200
Other
11%
$549