This property looks like a bad Mid-Term investment with a projected -5.72% first-year return on $127k initial cash invested.
-5.72%
Cash On Cash
5.76%
Cap Rate
0.86
DSCR
$5,074
Rent
-$606
Cashflow
Cash Flow
$5,074 income − $5,680 expenses = $606 out of pocket
Investment Breakdown
|
Purchase Price
$520k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$127k
Downpayment
20%
$104k
Closing costs
1%
$5,198
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$5,074
Total Expenses
$5,680
Mortgage P&I
57%
$2,897
Property Taxes
17%
$878
Home Insurance
4%
$180
HOA
0%
$0
Property Management
12%
$609
CapEx
4%
$203
Vacancy
3%
$152
Maintenance
4%
$203
Other
11%
$558