This property looks like a bad Mid-Term investment with a projected -9.37% first-year return on $128k initial cash invested.
-9.37%
Cash On Cash
4.11%
Cap Rate
0.67
DSCR
$3,274
Rent
-$1,001
Cashflow
Cash Flow
$3,274 income − $4,275 expenses = $1,001 out of pocket
Investment Breakdown
|
Purchase Price
$525k
Downpayment
20.0%
Interest Rate
6.5%
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
$3,274
Total Expenses
$4,275
Mortgage P&I
82%
$2,669
Property Taxes
9%
$309
Home Insurance
6%
$184
HOA
0%
$0
Property Management
12%
$393
CapEx
4%
$131
Vacancy
3%
$98
Maintenance
4%
$131
Other
11%
$360