This property looks like a bad Mid-Term investment with a projected -6.71% first-year return on $127k initial cash invested.
-6.71%
Cash On Cash
5.03%
Cap Rate
0.81
DSCR
$4,779
Rent
-$710
Cashflow
Cash Flow
$4,779 income − $5,489 expenses = $710 out of pocket
Investment Breakdown
|
Purchase Price
$519k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$127k
Downpayment
20%
$104k
Closing costs
1%
$5,187
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,779
Total Expenses
$5,489
Mortgage P&I
56%
$2,694
Property Taxes
20%
$945
Home Insurance
4%
$184
HOA
1%
$42
Property Management
12%
$573
CapEx
4%
$191
Vacancy
3%
$143
Maintenance
4%
$191
Other
11%
$526