This property looks like a bad Mid-Term investment with a projected -12.97% first-year return on $127k initial cash invested.
-12.97%
Cash On Cash
3.84%
Cap Rate
0.57
DSCR
$3,318
Rent
-$1,375
Cashflow
Cash Flow
$3,318 income − $4,693 expenses = $1,375 out of pocket
Investment Breakdown
|
Purchase Price
$520k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$127k
Downpayment
20%
$104k
Closing costs
1%
$5,203
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$3,318
Total Expenses
$4,693
Mortgage P&I
88%
$2,907
Property Taxes
14%
$465
Home Insurance
6%
$192
HOA
0%
$0
Property Management
12%
$398
CapEx
4%
$133
Vacancy
3%
$100
Maintenance
4%
$133
Other
11%
$365