This property looks like a bad Mid-Term investment with a projected -10.35% first-year return on $127k initial cash invested.
-10.35%
Cash On Cash
4.35%
Cap Rate
0.66
DSCR
$3,652
Rent
-$1,096
Cashflow
Cash Flow
$3,652 income − $4,748 expenses = $1,096 out of pocket
Investment Breakdown
|
Purchase Price
$519k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$127k
Downpayment
20%
$104k
Closing costs
1%
$5,194
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$3,652
Total Expenses
$4,748
Mortgage P&I
78%
$2,832
Property Taxes
13%
$490
Home Insurance
5%
$184
HOA
0%
$0
Property Management
12%
$438
CapEx
4%
$146
Vacancy
3%
$110
Maintenance
4%
$146
Other
11%
$402