This property looks like a bad Mid-Term investment with a projected -13.67% first-year return on $125k initial cash invested.
-13.67%
Cash On Cash
3.49%
Cap Rate
0.53
DSCR
$2,931
Rent
-$1,429
Cashflow
Cash Flow
$2,931 income − $4,360 expenses = $1,429 out of pocket
Investment Breakdown
|
Purchase Price
$512k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$125k
Downpayment
20%
$102k
Closing costs
1%
$5,117
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$2,931
Total Expenses
$4,360
Mortgage P&I
96%
$2,802
Property Taxes
13%
$380
Home Insurance
6%
$182
HOA
0%
$0
Property Management
12%
$352
CapEx
4%
$117
Vacancy
3%
$88
Maintenance
4%
$117
Other
11%
$322