This property looks like a bad Mid-Term investment with a projected -4.38% first-year return on $125k initial cash invested.
-4.38%
Cash On Cash
6.07%
Cap Rate
0.9
DSCR
$4,604
Rent
-$458
Cashflow
Cash Flow
$4,604 income − $5,062 expenses = $458 out of pocket
Investment Breakdown
|
Purchase Price
$511k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$125k
Downpayment
20%
$102k
Closing costs
1%
$5,113
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,604
Total Expenses
$5,062
Mortgage P&I
62%
$2,860
Property Taxes
10%
$454
Home Insurance
4%
$184
HOA
0%
$0
Property Management
12%
$552
CapEx
4%
$184
Vacancy
3%
$138
Maintenance
4%
$184
Other
11%
$506