This property looks like a bad Mid-Term investment with a projected -8.51% first-year return on $128k initial cash invested.
-8.51%
Cash On Cash
4.73%
Cap Rate
0.73
DSCR
$3,944
Rent
-$910
Cashflow
Cash Flow
$3,944 income − $4,854 expenses = $910 out of pocket
Investment Breakdown
|
Purchase Price
$525k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$128k
Downpayment
20%
$105k
Closing costs
1%
$5,250
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$3,944
Total Expenses
$4,854
Mortgage P&I
72%
$2,821
Property Taxes
13%
$508
Home Insurance
5%
$184
HOA
0%
$0
Property Management
12%
$473
CapEx
4%
$158
Vacancy
3%
$118
Maintenance
4%
$158
Other
11%
$434