This property looks like a bad Mid-Term investment with a projected -5.23% first-year return on $105k initial cash invested.
-5.23%
Cash On Cash
5.68%
Cap Rate
0.86
DSCR
$3,462
Rent
-$458
Cashflow
Cash Flow
$3,462 income − $3,920 expenses = $458 out of pocket
Investment Breakdown
|
Purchase Price
$415k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$105k
Downpayment
20%
$83,000
Closing costs
1%
$4,150
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$3,462
Total Expenses
$3,920
Mortgage P&I
66%
$2,284
Property Taxes
9%
$315
Home Insurance
4%
$145
HOA
0%
$0
Property Management
12%
$415
CapEx
4%
$138
Vacancy
3%
$104
Maintenance
4%
$138
Other
11%
$381