This property looks like a bad Mid-Term investment with a projected -9.22% first-year return on $144k initial cash invested.
-9.22%
Cash On Cash
4.46%
Cap Rate
0.7
DSCR
$3,794
Rent
-$1,106
Cashflow
Cash Flow
$3,794 income − $4,900 expenses = $1,106 out of pocket
Investment Breakdown
|
Purchase Price
$600k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$144k
Downpayment
20%
$120k
Closing costs
1%
$6,000
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$3,794
Total Expenses
$4,900
Mortgage P&I
84%
$3,182
Property Taxes
4%
$161
Home Insurance
6%
$210
HOA
2%
$57
Property Management
12%
$455
CapEx
4%
$152
Vacancy
3%
$114
Maintenance
4%
$152
Other
11%
$417