This property looks like a bad Mid-Term investment with a projected -5.35% first-year return on $106k initial cash invested.
-5.35%
Cash On Cash
5.46%
Cap Rate
0.85
DSCR
$3,084
Rent
-$472
Cashflow
Cash Flow
$3,084 income − $3,556 expenses = $472 out of pocket
Investment Breakdown
|
Purchase Price
$418k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$106k
Downpayment
20%
$83,680
Closing costs
1%
$4,184
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$3,084
Total Expenses
$3,556
Mortgage P&I
73%
$2,252
Property Taxes
3%
$107
Home Insurance
5%
$149
HOA
0%
$0
Property Management
12%
$370
CapEx
4%
$123
Vacancy
3%
$93
Maintenance
4%
$123
Other
11%
$339