This property looks like a bad Mid-Term investment with a projected -10.71% first-year return on $125k initial cash invested.
-10.71%
Cash On Cash
4.31%
Cap Rate
0.65
DSCR
$3,278
Rent
-$1,120
Cashflow
Cash Flow
$3,278 income − $4,398 expenses = $1,120 out of pocket
Investment Breakdown
|
Purchase Price
$512k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$125k
Downpayment
20%
$102k
Closing costs
1%
$5,117
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$3,278
Total Expenses
$4,398
Mortgage P&I
86%
$2,827
Property Taxes
7%
$213
Home Insurance
5%
$177
HOA
2%
$67
Property Management
12%
$393
CapEx
4%
$131
Vacancy
3%
$98
Maintenance
4%
$131
Other
11%
$361