This property looks like a bad Mid-Term investment with a projected -7.52% first-year return on $122k initial cash invested.
-7.52%
Cash On Cash
4.82%
Cap Rate
0.76
DSCR
$3,339
Rent
-$764
Cashflow
Cash Flow
$3,339 income − $4,103 expenses = $764 out of pocket
Investment Breakdown
|
Purchase Price
$495k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$122k
Downpayment
20%
$98,980
Closing costs
1%
$4,949
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$3,339
Total Expenses
$4,103
Mortgage P&I
78%
$2,618
Property Taxes
2%
$68
Home Insurance
5%
$173
HOA
3%
$108
Property Management
12%
$401
CapEx
4%
$134
Vacancy
3%
$100
Maintenance
4%
$134
Other
11%
$367