This property looks like a bad Mid-Term investment with a projected -0.96% first-year return on $127k initial cash invested.
-0.96%
Cash On Cash
6.94%
Cap Rate
1.04
DSCR
$5,586
Rent
-$102
Cashflow
Cash Flow
$5,586 income − $5,688 expenses = $102 out of pocket
Investment Breakdown
|
Purchase Price
$519k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$127k
Downpayment
20%
$104k
Closing costs
1%
$5,186
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$5,586
Total Expenses
$5,688
Mortgage P&I
52%
$2,877
Property Taxes
13%
$738
Home Insurance
3%
$175
HOA
0%
$0
Property Management
12%
$670
CapEx
4%
$223
Vacancy
3%
$168
Maintenance
4%
$223
Other
11%
$614