This property looks like a bad Mid-Term investment with a projected -5.91% first-year return on $127k initial cash invested.
-5.91%
Cash On Cash
5.35%
Cap Rate
0.84
DSCR
$4,730
Rent
-$626
Cashflow
Cash Flow
$4,730 income − $5,356 expenses = $626 out of pocket
Investment Breakdown
|
Purchase Price
$520k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$127k
Downpayment
20%
$104k
Closing costs
1%
$5,196
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,730
Total Expenses
$5,356
Mortgage P&I
58%
$2,752
Property Taxes
18%
$828
Home Insurance
4%
$168
HOA
0%
$0
Property Management
12%
$568
CapEx
4%
$189
Vacancy
3%
$142
Maintenance
4%
$189
Other
11%
$520