This property looks like a bad Mid-Term investment with a projected -12.73% first-year return on $123k initial cash invested.
-12.73%
Cash On Cash
3.96%
Cap Rate
0.58
DSCR
$3,264
Rent
-$1,305
Cashflow
Cash Flow
$3,264 income − $4,569 expenses = $1,305 out of pocket
Investment Breakdown
|
Purchase Price
$500k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$123k
Downpayment
20%
$99,980
Closing costs
1%
$4,999
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$3,264
Total Expenses
$4,569
Mortgage P&I
86%
$2,823
Property Taxes
14%
$460
Home Insurance
5%
$175
HOA
0%
$0
Property Management
12%
$392
CapEx
4%
$131
Vacancy
3%
$98
Maintenance
4%
$131
Other
11%
$359