This property looks like a bad Mid-Term investment with a projected -4.34% first-year return on $123k initial cash invested.
-4.34%
Cash On Cash
5.84%
Cap Rate
0.9
DSCR
$4,386
Rent
-$445
Cashflow
Cash Flow
$4,386 income − $4,831 expenses = $445 out of pocket
Investment Breakdown
|
Purchase Price
$500k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$123k
Downpayment
20%
$99,980
Closing costs
1%
$4,999
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,386
Total Expenses
$4,831
Mortgage P&I
62%
$2,704
Property Taxes
11%
$462
Home Insurance
4%
$175
HOA
0%
$0
Property Management
12%
$526
CapEx
4%
$175
Vacancy
3%
$132
Maintenance
4%
$175
Other
11%
$482