This property looks like a bad Mid-Term investment with a projected -9.88% first-year return on $103k initial cash invested.
-9.88%
Cash On Cash
4.44%
Cap Rate
0.67
DSCR
$2,718
Rent
-$851
Cashflow
Cash Flow
$2,718 income − $3,569 expenses = $851 out of pocket
Investment Breakdown
|
Purchase Price
$407k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$103k
Downpayment
20%
$81,320
Closing costs
1%
$4,066
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$2,718
Total Expenses
$3,569
Mortgage P&I
83%
$2,246
Property Taxes
9%
$251
Home Insurance
5%
$147
HOA
0%
$0
Property Management
12%
$326
CapEx
4%
$109
Vacancy
3%
$82
Maintenance
4%
$109
Other
11%
$299