This property looks like a bad Mid-Term investment with a projected -5.75% first-year return on $103k initial cash invested.
-5.75%
Cash On Cash
5.25%
Cap Rate
0.84
DSCR
$4,032
Rent
-$496
Cashflow
Cash Flow
$4,032 income − $4,528 expenses = $496 out of pocket
Investment Breakdown
|
Purchase Price
$407k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$103k
Downpayment
20%
$81,360
Closing costs
1%
$4,068
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,032
Total Expenses
$4,528
Mortgage P&I
52%
$2,116
Property Taxes
22%
$896
Home Insurance
4%
$145
HOA
0%
$0
Property Management
12%
$484
CapEx
4%
$161
Vacancy
3%
$121
Maintenance
4%
$161
Other
11%
$444