This property looks like a bad Mid-Term investment with a projected -10.13% first-year return on $125k initial cash invested.
-10.13%
Cash On Cash
4.54%
Cap Rate
0.68
DSCR
$3,309
Rent
-$1,054
Cashflow
Cash Flow
$3,309 income − $4,363 expenses = $1,054 out of pocket
Investment Breakdown
|
Purchase Price
$509k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$125k
Downpayment
20%
$102k
Closing costs
1%
$5,087
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$3,309
Total Expenses
$4,363
Mortgage P&I
86%
$2,848
Property Taxes
6%
$203
Home Insurance
6%
$188
HOA
0%
$0
Property Management
12%
$397
CapEx
4%
$132
Vacancy
3%
$99
Maintenance
4%
$132
Other
11%
$364