This property looks like a bad Mid-Term investment with a projected -13.02% first-year return on $128k initial cash invested.
-13.02%
Cash On Cash
3.82%
Cap Rate
0.57
DSCR
$3,480
Rent
-$1,391
Cashflow
Cash Flow
$3,480 income − $4,871 expenses = $1,391 out of pocket
Investment Breakdown
|
Purchase Price
$525k
Downpayment
20.0%
Interest Rate
7.5%
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
$3,480
Total Expenses
$4,871
Mortgage P&I
84%
$2,923
Property Taxes
17%
$581
Home Insurance
5%
$184
HOA
0%
$0
Property Management
12%
$418
CapEx
4%
$139
Vacancy
3%
$104
Maintenance
4%
$139
Other
11%
$383