This property looks like a bad Mid-Term investment with a projected -9.17% first-year return on $128k initial cash invested.
-9.17%
Cash On Cash
4.66%
Cap Rate
0.71
DSCR
$3,798
Rent
-$980
Cashflow
Cash Flow
$3,798 income − $4,778 expenses = $980 out of pocket
Investment Breakdown
|
Purchase Price
$525k
Downpayment
20.0%
Interest Rate
7.3%
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
$3,798
Total Expenses
$4,778
Mortgage P&I
75%
$2,865
Property Taxes
12%
$437
Home Insurance
5%
$184
HOA
0%
$0
Property Management
12%
$456
CapEx
4%
$152
Vacancy
3%
$114
Maintenance
4%
$152
Other
11%
$418