This property looks like a bad Mid-Term investment with a projected -5.47% first-year return on $128k initial cash invested.
-5.47%
Cash On Cash
5.21%
Cap Rate
0.85
DSCR
$4,251
Rent
-$585
Cashflow
Cash Flow
$4,251 income − $4,836 expenses = $585 out of pocket
Investment Breakdown
|
Purchase Price
$525k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$128k
Downpayment
20%
$105k
Closing costs
1%
$5,249
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,251
Total Expenses
$4,836
Mortgage P&I
63%
$2,693
Property Taxes
12%
$513
Home Insurance
4%
$184
HOA
0%
$0
Property Management
12%
$510
CapEx
4%
$170
Vacancy
3%
$128
Maintenance
4%
$170
Other
11%
$468