This property looks like a bad Mid-Term investment with a projected -4.86% first-year return on $128k initial cash invested.
-4.86%
Cash On Cash
5.29%
Cap Rate
0.87
DSCR
$4,347
Rent
-$519
Cashflow
Cash Flow
$4,347 income − $4,866 expenses = $519 out of pocket
Investment Breakdown
|
Purchase Price
$525k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$128k
Downpayment
20%
$105k
Closing costs
1%
$5,247
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,347
Total Expenses
$4,866
Mortgage P&I
61%
$2,658
Property Taxes
13%
$558
Home Insurance
4%
$172
HOA
0%
$0
Property Management
12%
$522
CapEx
4%
$174
Vacancy
3%
$130
Maintenance
4%
$174
Other
11%
$478