This property looks like a bad Mid-Term investment with a projected -2.27% first-year return on $113k initial cash invested.
-2.27%
Cash On Cash
5.88%
Cap Rate
0.98
DSCR
$4,143
Rent
-$214
Cashflow
Cash Flow
$4,143 income − $4,357 expenses = $214 out of pocket
Investment Breakdown
|
Purchase Price
$452k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$113k
Downpayment
20%
$90,480
Closing costs
1%
$4,524
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,143
Total Expenses
$4,357
Mortgage P&I
55%
$2,266
Property Taxes
13%
$524
Home Insurance
4%
$158
HOA
0%
$0
Property Management
12%
$497
CapEx
4%
$166
Vacancy
3%
$124
Maintenance
4%
$166
Other
11%
$456