This property looks like a bad Mid-Term investment with a projected -0.1% first-year return on $122k initial cash invested.
-0.1%
Cash On Cash
7.1%
Cap Rate
1.07
DSCR
$5,142
Rent
-$10
Cashflow
Cash Flow
$5,142 income − $5,152 expenses = $10 out of pocket
Investment Breakdown
|
Purchase Price
$495k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$122k
Downpayment
20%
$99,000
Closing costs
1%
$4,950
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$5,142
Total Expenses
$5,152
Mortgage P&I
53%
$2,733
Property Taxes
9%
$485
Home Insurance
3%
$173
HOA
0%
$12
Property Management
12%
$617
CapEx
4%
$206
Vacancy
3%
$154
Maintenance
4%
$206
Other
11%
$566