This property looks like a bad Mid-Term investment with a projected -10.92% first-year return on $127k initial cash invested.
-10.92%
Cash On Cash
4.43%
Cap Rate
0.65
DSCR
$3,334
Rent
-$1,156
Cashflow
Cash Flow
$3,334 income − $4,490 expenses = $1,156 out of pocket
Investment Breakdown
|
Purchase Price
$519k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$127k
Downpayment
20%
$104k
Closing costs
1%
$5,190
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$3,334
Total Expenses
$4,490
Mortgage P&I
88%
$2,938
Property Taxes
7%
$237
Home Insurance
5%
$182
HOA
0%
$0
Property Management
12%
$400
CapEx
4%
$133
Vacancy
3%
$100
Maintenance
4%
$133
Other
11%
$367