This property looks like a bad Mid-Term investment with a projected -5.88% first-year return on $129k initial cash invested.
-5.88%
Cash On Cash
5.45%
Cap Rate
0.84
DSCR
$4,412
Rent
-$632
Cashflow
Cash Flow
$4,412 income − $5,044 expenses = $632 out of pocket
Investment Breakdown
|
Purchase Price
$528k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$129k
Downpayment
20%
$106k
Closing costs
1%
$5,282
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,412
Total Expenses
$5,044
Mortgage P&I
65%
$2,857
Property Taxes
11%
$468
Home Insurance
4%
$186
HOA
1%
$35
Property Management
12%
$529
CapEx
4%
$176
Vacancy
3%
$132
Maintenance
4%
$176
Other
11%
$485