This property looks like a bad Mid-Term investment with a projected -6.82% first-year return on $127k initial cash invested.
-6.82%
Cash On Cash
5.01%
Cap Rate
0.79
DSCR
$4,076
Rent
-$723
Cashflow
Cash Flow
$4,076 income − $4,799 expenses = $723 out of pocket
Investment Breakdown
|
Purchase Price
$520k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$127k
Downpayment
20%
$104k
Closing costs
1%
$5,201
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,076
Total Expenses
$4,799
Mortgage P&I
67%
$2,731
Property Taxes
12%
$472
Home Insurance
5%
$184
HOA
1%
$27
Property Management
12%
$489
CapEx
4%
$163
Vacancy
3%
$122
Maintenance
4%
$163
Other
11%
$448