This property looks like a bad Mid-Term investment with a projected -8.82% first-year return on $125k initial cash invested.
-8.82%
Cash On Cash
4.81%
Cap Rate
0.73
DSCR
$4,162
Rent
-$921
Cashflow
Cash Flow
$4,162 income − $5,083 expenses = $921 out of pocket
Investment Breakdown
|
Purchase Price
$511k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$125k
Downpayment
20%
$102k
Closing costs
1%
$5,107
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,162
Total Expenses
$5,083
Mortgage P&I
67%
$2,800
Property Taxes
12%
$497
Home Insurance
4%
$178
HOA
5%
$194
Property Management
12%
$499
CapEx
4%
$166
Vacancy
3%
$125
Maintenance
4%
$166
Other
11%
$458