This property looks like a bad Mid-Term investment with a projected -6.07% first-year return on $105k initial cash invested.
-6.07%
Cash On Cash
5.46%
Cap Rate
0.82
DSCR
$3,138
Rent
-$530
Cashflow
Cash Flow
$3,138 income − $3,668 expenses = $530 out of pocket
Investment Breakdown
|
Purchase Price
$414k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$105k
Downpayment
20%
$82,720
Closing costs
1%
$4,136
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$3,138
Total Expenses
$3,668
Mortgage P&I
73%
$2,285
Property Taxes
4%
$115
Home Insurance
5%
$150
HOA
2%
$50
Property Management
12%
$377
CapEx
4%
$126
Vacancy
3%
$94
Maintenance
4%
$126
Other
11%
$345