This property looks like a bad Mid-Term investment with a projected -5.47% first-year return on $128k initial cash invested.
-5.47%
Cash On Cash
5.77%
Cap Rate
0.86
DSCR
$4,368
Rent
-$584
Cashflow
Cash Flow
$4,368 income − $4,952 expenses = $584 out of pocket
Investment Breakdown
|
Purchase Price
$525k
Downpayment
20.0%
Interest Rate
7.5%
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
$4,368
Total Expenses
$4,952
Mortgage P&I
67%
$2,933
Property Taxes
8%
$350
Home Insurance
4%
$184
HOA
0%
$0
Property Management
12%
$524
CapEx
4%
$175
Vacancy
3%
$131
Maintenance
4%
$175
Other
11%
$480