This property looks like a bad Mid-Term investment with a projected -10.27% first-year return on $126k initial cash invested.
-10.27%
Cash On Cash
4.54%
Cap Rate
0.68
DSCR
$4,290
Rent
-$1,076
Cashflow
Cash Flow
$4,290 income − $5,366 expenses = $1,076 out of pocket
Investment Breakdown
|
Purchase Price
$513k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$126k
Downpayment
20%
$103k
Closing costs
1%
$5,127
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,290
Total Expenses
$5,366
Mortgage P&I
66%
$2,844
Property Taxes
21%
$887
Home Insurance
4%
$175
HOA
0%
$0
Property Management
12%
$515
CapEx
4%
$172
Vacancy
3%
$129
Maintenance
4%
$172
Other
11%
$472