This property looks like a bad Mid-Term investment with a projected -7.46% first-year return on $125k initial cash invested.
-7.46%
Cash On Cash
4.67%
Cap Rate
0.76
DSCR
$3,825
Rent
-$775
Cashflow
Cash Flow
$3,825 income − $4,600 expenses = $775 out of pocket
Investment Breakdown
|
Purchase Price
$508k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$125k
Downpayment
20%
$102k
Closing costs
1%
$5,083
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$3,825
Total Expenses
$4,600
Mortgage P&I
68%
$2,601
Property Taxes
10%
$368
Home Insurance
5%
$180
HOA
4%
$150
Property Management
12%
$459
CapEx
4%
$153
Vacancy
3%
$115
Maintenance
4%
$153
Other
11%
$421