This property looks like a bad Mid-Term investment with a projected -7.87% first-year return on $128k initial cash invested.
-7.87%
Cash On Cash
4.45%
Cap Rate
0.73
DSCR
$3,426
Rent
-$842
Cashflow
Cash Flow
$3,426 income − $4,268 expenses = $842 out of pocket
Investment Breakdown
|
Purchase Price
$526k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$128k
Downpayment
20%
$105k
Closing costs
1%
$5,260
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$3,426
Total Expenses
$4,268
Mortgage P&I
78%
$2,657
Property Taxes
6%
$207
Home Insurance
6%
$189
HOA
1%
$50
Property Management
12%
$411
CapEx
4%
$137
Vacancy
3%
$103
Maintenance
4%
$137
Other
11%
$377