This property looks like a bad Mid-Term investment with a projected -3.36% first-year return on $127k initial cash invested.
-3.36%
Cash On Cash
5.67%
Cap Rate
0.94
DSCR
$4,980
Rent
-$356
Cashflow
Cash Flow
$4,980 income − $5,336 expenses = $356 out of pocket
Investment Breakdown
|
Purchase Price
$520k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$127k
Downpayment
20%
$104k
Closing costs
1%
$5,197
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,980
Total Expenses
$5,336
Mortgage P&I
52%
$2,611
Property Taxes
16%
$792
Home Insurance
4%
$186
HOA
1%
$54
Property Management
12%
$598
CapEx
4%
$199
Vacancy
3%
$149
Maintenance
4%
$199
Other
11%
$548