This property looks like a bad Mid-Term investment with a projected -7.87% first-year return on $127k initial cash invested.
-7.87%
Cash On Cash
4.76%
Cap Rate
0.75
DSCR
$3,573
Rent
-$834
Cashflow
Cash Flow
$3,573 income − $4,407 expenses = $834 out of pocket
Investment Breakdown
|
Purchase Price
$520k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$127k
Downpayment
20%
$104k
Closing costs
1%
$5,200
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$3,573
Total Expenses
$4,407
Mortgage P&I
77%
$2,755
Property Taxes
5%
$172
Home Insurance
5%
$182
HOA
2%
$83
Property Management
12%
$429
CapEx
4%
$143
Vacancy
3%
$107
Maintenance
4%
$143
Other
11%
$393