This property looks like a bad Mid-Term investment with a projected -10.14% first-year return on $128k initial cash invested.
-10.14%
Cash On Cash
4.49%
Cap Rate
0.67
DSCR
$3,372
Rent
-$1,084
Cashflow
Cash Flow
$3,372 income − $4,456 expenses = $1,084 out of pocket
Investment Breakdown
|
Purchase Price
$525k
Downpayment
20.0%
Interest Rate
7.4%
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
$3,372
Total Expenses
$4,456
Mortgage P&I
86%
$2,915
Property Taxes
6%
$210
Home Insurance
5%
$184
HOA
0%
$0
Property Management
12%
$405
CapEx
4%
$135
Vacancy
3%
$101
Maintenance
4%
$135
Other
11%
$371