This property looks like a bad Mid-Term investment with a projected -2.19% first-year return on $127k initial cash invested.
-2.19%
Cash On Cash
6.1%
Cap Rate
0.99
DSCR
$4,874
Rent
-$232
Cashflow
Cash Flow
$4,874 income − $5,106 expenses = $232 out of pocket
Investment Breakdown
|
Purchase Price
$519k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$127k
Downpayment
20%
$104k
Closing costs
1%
$5,190
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,874
Total Expenses
$5,106
Mortgage P&I
55%
$2,676
Property Taxes
13%
$633
Home Insurance
3%
$140
HOA
0%
$0
Property Management
12%
$585
CapEx
4%
$195
Vacancy
3%
$146
Maintenance
4%
$195
Other
11%
$536