This property looks like a bad Mid-Term investment with a projected -4.14% first-year return on $118k initial cash invested.
-4.14%
Cash On Cash
5.84%
Cap Rate
0.91
DSCR
$4,184
Rent
-$406
Cashflow
Cash Flow
$4,184 income − $4,590 expenses = $406 out of pocket
Investment Breakdown
|
Purchase Price
$475k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$118k
Downpayment
20%
$95,000
Closing costs
1%
$4,750
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,184
Total Expenses
$4,590
Mortgage P&I
61%
$2,551
Property Taxes
11%
$451
Home Insurance
4%
$166
HOA
0%
$0
Property Management
12%
$502
CapEx
4%
$167
Vacancy
3%
$126
Maintenance
4%
$167
Other
11%
$460