This property looks like a bad Mid-Term investment with a projected -6.92% first-year return on $128k initial cash invested.
-6.92%
Cash On Cash
5.26%
Cap Rate
0.81
DSCR
$4,618
Rent
-$740
Cashflow
Cash Flow
$4,618 income − $5,358 expenses = $740 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
$4,618
Total Expenses
$5,358
Mortgage P&I
62%
$2,855
Property Taxes
16%
$720
Home Insurance
4%
$184
HOA
1%
$28
Property Management
12%
$554
CapEx
4%
$185
Vacancy
3%
$139
Maintenance
4%
$185
Other
11%
$508