This property looks like a bad Mid-Term investment with a projected -6.91% first-year return on $128k initial cash invested.
-6.91%
Cash On Cash
5.14%
Cap Rate
0.8
DSCR
$4,182
Rent
-$738
Cashflow
Cash Flow
$4,182 income − $4,920 expenses = $738 out of pocket
Investment Breakdown
|
Purchase Price
$525k
Downpayment
20.0%
Interest Rate
7.1%
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
$4,182
Total Expenses
$4,920
Mortgage P&I
67%
$2,821
Property Taxes
12%
$494
Home Insurance
4%
$184
HOA
0%
$0
Property Management
12%
$502
CapEx
4%
$167
Vacancy
3%
$125
Maintenance
4%
$167
Other
11%
$460