This property looks like a bad Mid-Term investment with a projected -5.49% first-year return on $117k initial cash invested.
-5.49%
Cash On Cash
5.51%
Cap Rate
0.85
DSCR
$4,010
Rent
-$537
Cashflow
Cash Flow
$4,010 income − $4,547 expenses = $537 out of pocket
Investment Breakdown
|
Purchase Price
$473k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$117k
Downpayment
20%
$94,640
Closing costs
1%
$4,732
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,010
Total Expenses
$4,547
Mortgage P&I
64%
$2,550
Property Taxes
12%
$467
Home Insurance
4%
$168
HOA
0%
$0
Property Management
12%
$481
CapEx
4%
$160
Vacancy
3%
$120
Maintenance
4%
$160
Other
11%
$441