This property looks like a bad Mid-Term investment with a projected -6.87% first-year return on $116k initial cash invested.
-6.87%
Cash On Cash
5.14%
Cap Rate
0.79
DSCR
$3,705
Rent
-$662
Cashflow
Cash Flow
$3,705 income − $4,367 expenses = $662 out of pocket
Investment Breakdown
|
Purchase Price
$465k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$116k
Downpayment
20%
$93,000
Closing costs
1%
$4,650
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$3,705
Total Expenses
$4,367
Mortgage P&I
68%
$2,506
Property Taxes
12%
$438
Home Insurance
4%
$163
HOA
0%
$0
Property Management
12%
$445
CapEx
4%
$148
Vacancy
3%
$111
Maintenance
4%
$148
Other
11%
$408