This property looks like a bad Mid-Term investment with a projected -10.06% first-year return on $126k initial cash invested.
-10.06%
Cash On Cash
4.23%
Cap Rate
0.66
DSCR
$3,546
Rent
-$1,058
Cashflow
Cash Flow
$3,546 income − $4,604 expenses = $1,058 out of pocket
Investment Breakdown
|
Purchase Price
$515k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$126k
Downpayment
20%
$103k
Closing costs
1%
$5,150
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$3,546
Total Expenses
$4,604
Mortgage P&I
77%
$2,730
Property Taxes
13%
$464
Home Insurance
5%
$180
HOA
1%
$24
Property Management
12%
$426
CapEx
4%
$142
Vacancy
3%
$106
Maintenance
4%
$142
Other
11%
$390