This property looks like a bad Mid-Term investment with a projected -9.59% first-year return on $128k initial cash invested.
-9.59%
Cash On Cash
4.57%
Cap Rate
0.7
DSCR
$4,310
Rent
-$1,025
Cashflow
Cash Flow
$4,310 income − $5,335 expenses = $1,025 out of pocket
Investment Breakdown
|
Purchase Price
$525k
Downpayment
20.0%
Interest Rate
7.2%
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
$4,310
Total Expenses
$5,335
Mortgage P&I
66%
$2,853
Property Taxes
19%
$834
Home Insurance
4%
$184
HOA
0%
$0
Property Management
12%
$517
CapEx
4%
$172
Vacancy
3%
$129
Maintenance
4%
$172
Other
11%
$474