This property looks like a bad Mid-Term investment with a projected -12.6% first-year return on $128k initial cash invested.
-12.6%
Cash On Cash
3.71%
Cap Rate
0.57
DSCR
$2,780
Rent
-$1,346
Cashflow
Cash Flow
$2,780 income − $4,126 expenses = $1,346 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%
$5,245
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$2,780
Total Expenses
$4,126
Mortgage P&I
103%
$2,856
Property Taxes
5%
$141
Home Insurance
7%
$184
HOA
0%
$0
Property Management
12%
$334
CapEx
4%
$111
Vacancy
3%
$83
Maintenance
4%
$111
Other
11%
$306