This property looks like a bad Mid-Term investment with a projected -5.53% first-year return on $113k initial cash invested.
-5.53%
Cash On Cash
5.07%
Cap Rate
0.83
DSCR
$3,400
Rent
-$519
Cashflow
Cash Flow
$3,400 income − $3,919 expenses = $519 out of pocket
Investment Breakdown
|
Purchase Price
$451k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$113k
Downpayment
20%
$90,100
Closing costs
1%
$4,505
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$3,400
Total Expenses
$3,919
Mortgage P&I
67%
$2,287
Property Taxes
7%
$222
Home Insurance
7%
$254
HOA
0%
$0
Property Management
12%
$408
CapEx
4%
$136
Vacancy
3%
$102
Maintenance
4%
$136
Other
11%
$374