This property looks like a bad Mid-Term investment with a projected -9.06% first-year return on $117k initial cash invested.
-9.06%
Cash On Cash
4.57%
Cap Rate
0.7
DSCR
$3,300
Rent
-$886
Cashflow
Cash Flow
$3,300 income − $4,186 expenses = $886 out of pocket
Investment Breakdown
|
Purchase Price
$473k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$117k
Downpayment
20%
$94,660
Closing costs
1%
$4,733
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$3,300
Total Expenses
$4,186
Mortgage P&I
77%
$2,555
Property Taxes
10%
$341
Home Insurance
5%
$168
HOA
0%
$0
Property Management
12%
$396
CapEx
4%
$132
Vacancy
3%
$99
Maintenance
4%
$132
Other
11%
$363