This property looks like a bad Mid-Term investment with a projected -4.31% first-year return on $113k initial cash invested.
-4.31%
Cash On Cash
5.89%
Cap Rate
0.9
DSCR
$3,849
Rent
-$406
Cashflow
Cash Flow
$3,849 income − $4,255 expenses = $406 out of pocket
Investment Breakdown
|
Purchase Price
$453k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$113k
Downpayment
20%
$90,570
Closing costs
1%
$4,528
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$3,849
Total Expenses
$4,255
Mortgage P&I
64%
$2,475
Property Taxes
8%
$294
Home Insurance
4%
$158
HOA
1%
$20
Property Management
12%
$462
CapEx
4%
$154
Vacancy
3%
$115
Maintenance
4%
$154
Other
11%
$423