This property looks like a bad Mid-Term investment with a projected -10.05% first-year return on $128k initial cash invested.
-10.05%
Cash On Cash
4.4%
Cap Rate
0.67
DSCR
$3,336
Rent
-$1,074
Cashflow
Cash Flow
$3,336 income − $4,410 expenses = $1,074 out of pocket
Investment Breakdown
|
Purchase Price
$525k
Downpayment
20.0%
Interest Rate
7.3%
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
$3,336
Total Expenses
$4,410
Mortgage P&I
86%
$2,865
Property Taxes
7%
$228
Home Insurance
6%
$184
HOA
0%
$0
Property Management
12%
$400
CapEx
4%
$133
Vacancy
3%
$100
Maintenance
4%
$133
Other
11%
$367