This property looks like a bad Mid-Term investment with a projected -4.63% first-year return on $129k initial cash invested.
-4.63%
Cash On Cash
5.37%
Cap Rate
0.88
DSCR
$4,134
Rent
-$496
Cashflow
Cash Flow
$4,134 income − $4,630 expenses = $496 out of pocket
Investment Breakdown
|
Purchase Price
$527k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$129k
Downpayment
20%
$105k
Closing costs
1%
$5,269
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,134
Total Expenses
$4,630
Mortgage P&I
65%
$2,690
Property Taxes
9%
$360
Home Insurance
4%
$175
HOA
0%
$0
Property Management
12%
$496
CapEx
4%
$165
Vacancy
3%
$124
Maintenance
4%
$165
Other
11%
$455