This property looks like a bad Mid-Term investment with a projected -3.53% first-year return on $125k initial cash invested.
-3.53%
Cash On Cash
6.11%
Cap Rate
0.93
DSCR
$4,677
Rent
-$369
Cashflow
Cash Flow
$4,677 income − $5,046 expenses = $369 out of pocket
Investment Breakdown
|
Purchase Price
$512k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$125k
Downpayment
20%
$102k
Closing costs
1%
$5,119
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,677
Total Expenses
$5,046
Mortgage P&I
60%
$2,787
Property Taxes
10%
$490
Home Insurance
4%
$180
HOA
0%
$0
Property Management
12%
$561
CapEx
4%
$187
Vacancy
3%
$140
Maintenance
4%
$187
Other
11%
$514