This property looks like a bad Mid-Term investment with a projected -14.34% first-year return on $123k initial cash invested.
-14.34%
Cash On Cash
3.04%
Cap Rate
0.48
DSCR
$2,578
Rent
-$1,469
Cashflow
Cash Flow
$2,578 income − $4,047 expenses = $1,469 out of pocket
Investment Breakdown
|
Purchase Price
$500k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$123k
Downpayment
20%
$99,960
Closing costs
1%
$4,998
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$2,578
Total Expenses
$4,047
Mortgage P&I
102%
$2,632
Property Taxes
14%
$364
Home Insurance
7%
$175
HOA
0%
$0
Property Management
12%
$309
CapEx
4%
$103
Vacancy
3%
$77
Maintenance
4%
$103
Other
11%
$284