This property looks like a bad Mid-Term investment with a projected -9.62% first-year return on $128k initial cash invested.
-9.62%
Cash On Cash
4.41%
Cap Rate
0.68
DSCR
$3,232
Rent
-$1,028
Cashflow
Cash Flow
$3,232 income − $4,260 expenses = $1,028 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%
$5,249
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$3,232
Total Expenses
$4,260
Mortgage P&I
88%
$2,829
Property Taxes
5%
$148
Home Insurance
6%
$184
HOA
0%
$0
Property Management
12%
$388
CapEx
4%
$129
Vacancy
3%
$97
Maintenance
4%
$129
Other
11%
$356