This property looks like a bad Mid-Term investment with a projected -6.04% first-year return on $125k initial cash invested.
-6.04%
Cash On Cash
4.97%
Cap Rate
0.81
DSCR
$3,558
Rent
-$632
Cashflow
Cash Flow
$3,558 income − $4,190 expenses = $632 out of pocket
Investment Breakdown
|
Purchase Price
$512k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$125k
Downpayment
20%
$102k
Closing costs
1%
$5,118
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$3,558
Total Expenses
$4,190
Mortgage P&I
73%
$2,609
Property Taxes
5%
$162
Home Insurance
6%
$210
HOA
0%
$0
Property Management
12%
$427
CapEx
4%
$142
Vacancy
3%
$107
Maintenance
4%
$142
Other
11%
$391