This property looks like a bad Mid-Term investment with a projected -9.98% first-year return on $125k initial cash invested.
-9.98%
Cash On Cash
4.47%
Cap Rate
0.68
DSCR
$3,492
Rent
-$1,042
Cashflow
Cash Flow
$3,492 income − $4,534 expenses = $1,042 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
$3,492
Total Expenses
$4,534
Mortgage P&I
80%
$2,803
Property Taxes
10%
$361
Home Insurance
5%
$182
HOA
0%
$0
Property Management
12%
$419
CapEx
4%
$140
Vacancy
3%
$105
Maintenance
4%
$140
Other
11%
$384