This property looks like a bad Mid-Term investment with a projected -5.36% first-year return on $128k initial cash invested.
-5.36%
Cash On Cash
5.69%
Cap Rate
0.87
DSCR
$4,617
Rent
-$573
Cashflow
Cash Flow
$4,617 income − $5,190 expenses = $573 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
$4,617
Total Expenses
$5,190
Mortgage P&I
62%
$2,876
Property Taxes
12%
$559
Home Insurance
4%
$184
HOA
0%
$0
Property Management
12%
$554
CapEx
4%
$185
Vacancy
3%
$139
Maintenance
4%
$185
Other
11%
$508