This property looks like a bad Mid-Term investment with a projected -8.12% first-year return on $126k initial cash invested.
-8.12%
Cash On Cash
4.73%
Cap Rate
0.74
DSCR
$3,738
Rent
-$856
Cashflow
Cash Flow
$3,738 income − $4,594 expenses = $856 out of pocket
Investment Breakdown
|
Purchase Price
$517k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$126k
Downpayment
20%
$103k
Closing costs
1%
$5,165
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$3,738
Total Expenses
$4,594
Mortgage P&I
73%
$2,744
Property Taxes
9%
$325
Home Insurance
6%
$214
HOA
1%
$39
Property Management
12%
$449
CapEx
4%
$150
Vacancy
3%
$112
Maintenance
4%
$150
Other
11%
$411