This property looks like a bad Mid-Term investment with a projected -3.83% first-year return on $125k initial cash invested.
-3.83%
Cash On Cash
5.84%
Cap Rate
0.92
DSCR
$4,542
Rent
-$399
Cashflow
Cash Flow
$4,542 income − $4,941 expenses = $399 out of pocket
Investment Breakdown
|
Purchase Price
$510k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$125k
Downpayment
20%
$102k
Closing costs
1%
$5,098
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,542
Total Expenses
$4,941
Mortgage P&I
59%
$2,696
Property Taxes
11%
$516
Home Insurance
4%
$184
HOA
0%
$0
Property Management
12%
$545
CapEx
4%
$182
Vacancy
3%
$136
Maintenance
4%
$182
Other
11%
$500