This property looks like a bad Mid-Term investment with a projected -8.27% first-year return on $127k initial cash invested.
-8.27%
Cash On Cash
4.57%
Cap Rate
0.73
DSCR
$3,872
Rent
-$877
Cashflow
Cash Flow
$3,872 income − $4,749 expenses = $877 out of pocket
Investment Breakdown
|
Purchase Price
$520k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$127k
Downpayment
20%
$104k
Closing costs
1%
$5,199
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$3,872
Total Expenses
$4,749
Mortgage P&I
70%
$2,701
Property Taxes
13%
$489
Home Insurance
5%
$184
HOA
2%
$58
Property Management
12%
$465
CapEx
4%
$155
Vacancy
3%
$116
Maintenance
4%
$155
Other
11%
$426