This property looks like a bad Mid-Term investment with a projected -4.47% first-year return on $128k initial cash invested.
-4.47%
Cash On Cash
5.76%
Cap Rate
0.89
DSCR
$4,190
Rent
-$478
Cashflow
Cash Flow
$4,190 income − $4,668 expenses = $478 out of pocket
Investment Breakdown
|
Purchase Price
$525k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$128k
Downpayment
20%
$105k
Closing costs
1%
$5,250
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,190
Total Expenses
$4,668
Mortgage P&I
68%
$2,829
Property Taxes
5%
$229
Home Insurance
4%
$184
HOA
0%
$0
Property Management
12%
$503
CapEx
4%
$168
Vacancy
3%
$126
Maintenance
4%
$168
Other
11%
$461