This property looks like a bad Mid-Term investment with a projected -5.86% first-year return on $127k initial cash invested.
-5.86%
Cash On Cash
5.59%
Cap Rate
0.85
DSCR
$4,462
Rent
-$619
Cashflow
Cash Flow
$4,462 income − $5,081 expenses = $619 out of pocket
Investment Breakdown
|
Purchase Price
$518k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$127k
Downpayment
20%
$104k
Closing costs
1%
$5,178
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,462
Total Expenses
$5,081
Mortgage P&I
64%
$2,854
Property Taxes
12%
$527
Home Insurance
4%
$184
HOA
0%
$0
Property Management
12%
$535
CapEx
4%
$178
Vacancy
3%
$134
Maintenance
4%
$178
Other
11%
$491