This property looks like a bad Mid-Term investment with a projected -5.69% first-year return on $119k initial cash invested.
-5.69%
Cash On Cash
5.74%
Cap Rate
0.85
DSCR
$4,084
Rent
-$566
Cashflow
Cash Flow
$4,084 income − $4,650 expenses = $566 out of pocket
Investment Breakdown
|
Purchase Price
$483k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$119k
Downpayment
20%
$96,540
Closing costs
1%
$4,827
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,084
Total Expenses
$4,650
Mortgage P&I
66%
$2,710
Property Taxes
9%
$354
Home Insurance
4%
$175
HOA
1%
$23
Property Management
12%
$490
CapEx
4%
$163
Vacancy
3%
$123
Maintenance
4%
$163
Other
11%
$449