This property looks like a bad Mid-Term investment with a projected -7.54% first-year return on $128k initial cash invested.
-7.54%
Cash On Cash
5.05%
Cap Rate
0.77
DSCR
$4,023
Rent
-$806
Cashflow
Cash Flow
$4,023 income − $4,829 expenses = $806 out of pocket
Investment Breakdown
|
Purchase Price
$525k
Downpayment
20.0%
Interest Rate
7.2%
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
$4,023
Total Expenses
$4,829
Mortgage P&I
71%
$2,855
Property Taxes
10%
$421
Home Insurance
5%
$184
HOA
0%
$0
Property Management
12%
$483
CapEx
4%
$161
Vacancy
3%
$121
Maintenance
4%
$161
Other
11%
$443