This property looks like a bad Mid-Term investment with a projected -10.18% first-year return on $110k initial cash invested.
-10.18%
Cash On Cash
4.29%
Cap Rate
0.67
DSCR
$3,746
Rent
-$937
Cashflow
Cash Flow
$3,746 income − $4,683 expenses = $937 out of pocket
Investment Breakdown
|
Purchase Price
$440k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$110k
Downpayment
20%
$88,040
Closing costs
1%
$4,402
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$3,746
Total Expenses
$4,683
Mortgage P&I
63%
$2,361
Property Taxes
24%
$890
Home Insurance
4%
$158
HOA
0%
$0
Property Management
12%
$450
CapEx
4%
$150
Vacancy
3%
$112
Maintenance
4%
$150
Other
11%
$412