This property looks like a bad Mid-Term investment with a projected -6.52% first-year return on $128k initial cash invested.
-6.52%
Cash On Cash
5.43%
Cap Rate
0.82
DSCR
$4,179
Rent
-$697
Cashflow
Cash Flow
$4,179 income − $4,876 expenses = $697 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%
$5,252
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,179
Total Expenses
$4,876
Mortgage P&I
70%
$2,908
Property Taxes
9%
$363
Home Insurance
4%
$185
HOA
0%
$0
Property Management
12%
$501
CapEx
4%
$167
Vacancy
3%
$125
Maintenance
4%
$167
Other
11%
$460