This property looks like a bad Mid-Term investment with a projected -5.43% first-year return on $127k initial cash invested.
-5.43%
Cash On Cash
5.18%
Cap Rate
0.85
DSCR
$4,173
Rent
-$577
Cashflow
Cash Flow
$4,173 income − $4,750 expenses = $577 out of pocket
Investment Breakdown
|
Purchase Price
$521k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$127k
Downpayment
20%
$104k
Closing costs
1%
$5,214
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,173
Total Expenses
$4,750
Mortgage P&I
64%
$2,661
Property Taxes
12%
$486
Home Insurance
4%
$184
HOA
0%
$0
Property Management
12%
$501
CapEx
4%
$167
Vacancy
3%
$125
Maintenance
4%
$167
Other
11%
$459