This property looks like a bad Mid-Term investment with a projected -5.48% first-year return on $125k initial cash invested.
-5.48%
Cash On Cash
5.15%
Cap Rate
0.84
DSCR
$4,034
Rent
-$570
Cashflow
Cash Flow
$4,034 income − $4,604 expenses = $570 out of pocket
Investment Breakdown
|
Purchase Price
$508k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$125k
Downpayment
20%
$102k
Closing costs
1%
$5,082
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,034
Total Expenses
$4,604
Mortgage P&I
64%
$2,591
Property Taxes
7%
$289
Home Insurance
5%
$184
HOA
4%
$169
Property Management
12%
$484
CapEx
4%
$161
Vacancy
3%
$121
Maintenance
4%
$161
Other
11%
$444