This property looks like a bad Mid-Term investment with a projected -11.37% first-year return on $125k initial cash invested.
-11.37%
Cash On Cash
4.31%
Cap Rate
0.63
DSCR
$3,196
Rent
-$1,188
Cashflow
Cash Flow
$3,196 income − $4,384 expenses = $1,188 out of pocket
Investment Breakdown
|
Purchase Price
$512k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$125k
Downpayment
20%
$102k
Closing costs
1%
$5,116
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$3,196
Total Expenses
$4,384
Mortgage P&I
91%
$2,897
Property Taxes
7%
$218
Home Insurance
6%
$181
HOA
0%
$0
Property Management
12%
$384
CapEx
4%
$128
Vacancy
3%
$96
Maintenance
4%
$128
Other
11%
$352