This property looks like a bad Mid-Term investment with a projected -9.15% first-year return on $122k initial cash invested.
-9.15%
Cash On Cash
4.73%
Cap Rate
0.71
DSCR
$3,465
Rent
-$929
Cashflow
Cash Flow
$3,465 income − $4,394 expenses = $929 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%
$98,920
Closing costs
1%
$4,946
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$3,465
Total Expenses
$4,394
Mortgage P&I
79%
$2,739
Property Taxes
9%
$302
Home Insurance
5%
$174
HOA
0%
$0
Property Management
12%
$416
CapEx
4%
$139
Vacancy
3%
$104
Maintenance
4%
$139
Other
11%
$381