This property looks like a bad Mid-Term investment with a projected -8.14% first-year return on $127k initial cash invested.
-8.14%
Cash On Cash
4.82%
Cap Rate
0.75
DSCR
$3,884
Rent
-$862
Cashflow
Cash Flow
$3,884 income − $4,746 expenses = $862 out of pocket
Investment Breakdown
|
Purchase Price
$519k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$127k
Downpayment
20%
$104k
Closing costs
1%
$5,192
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$3,884
Total Expenses
$4,746
Mortgage P&I
72%
$2,791
Property Taxes
11%
$415
Home Insurance
5%
$182
HOA
1%
$38
Property Management
12%
$466
CapEx
4%
$155
Vacancy
3%
$117
Maintenance
4%
$155
Other
11%
$427