This property looks like a bad Mid-Term investment with a projected -13.58% first-year return on $116k initial cash invested.
-13.58%
Cash On Cash
3.68%
Cap Rate
0.54
DSCR
$2,902
Rent
-$1,309
Cashflow
Cash Flow
$2,902 income − $4,211 expenses = $1,309 out of pocket
Investment Breakdown
|
Purchase Price
$465k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$116k
Downpayment
20%
$93,000
Closing costs
1%
$4,650
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$2,902
Total Expenses
$4,211
Mortgage P&I
90%
$2,620
Property Taxes
9%
$252
Home Insurance
6%
$163
HOA
7%
$190
Property Management
12%
$348
CapEx
4%
$116
Vacancy
3%
$87
Maintenance
4%
$116
Other
11%
$319