This property looks like a bad Mid-Term investment with a projected -8.77% first-year return on $125k initial cash invested.
-8.77%
Cash On Cash
4.7%
Cap Rate
0.72
DSCR
$3,786
Rent
-$912
Cashflow
Cash Flow
$3,786 income − $4,698 expenses = $912 out of pocket
Investment Breakdown
|
Purchase Price
$508k
Downpayment
20.0%
Interest Rate
7.2%
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
$3,786
Total Expenses
$4,698
Mortgage P&I
73%
$2,751
Property Taxes
13%
$486
Home Insurance
5%
$175
HOA
0%
$0
Property Management
12%
$454
CapEx
4%
$151
Vacancy
3%
$114
Maintenance
4%
$151
Other
11%
$416