This property looks like a bad Mid-Term investment with a projected -9.43% first-year return on $128k initial cash invested.
-9.43%
Cash On Cash
4.58%
Cap Rate
0.7
DSCR
$3,465
Rent
-$1,008
Cashflow
Cash Flow
$3,465 income − $4,473 expenses = $1,008 out of pocket
Investment Breakdown
|
Purchase Price
$525k
Downpayment
20.0%
Interest Rate
7.3%
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
$3,465
Total Expenses
$4,473
Mortgage P&I
83%
$2,872
Property Taxes
7%
$238
Home Insurance
5%
$184
HOA
0%
$0
Property Management
12%
$416
CapEx
4%
$139
Vacancy
3%
$104
Maintenance
4%
$139
Other
11%
$381