This property looks like a bad Mid-Term investment with a projected -9.84% first-year return on $128k initial cash invested.
-9.84%
Cash On Cash
4.07%
Cap Rate
0.66
DSCR
$3,298
Rent
-$1,050
Cashflow
Cash Flow
$3,298 income − $4,348 expenses = $1,050 out of pocket
Investment Breakdown
|
Purchase Price
$524k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$128k
Downpayment
20%
$105k
Closing costs
1%
$5,238
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$3,298
Total Expenses
$4,348
Mortgage P&I
82%
$2,694
Property Taxes
11%
$349
Home Insurance
6%
$183
HOA
0%
$0
Property Management
12%
$396
CapEx
4%
$132
Vacancy
3%
$99
Maintenance
4%
$132
Other
11%
$363