This property looks like a bad Mid-Term investment with a projected -10.67% first-year return on $126k initial cash invested.
-10.67%
Cash On Cash
4.33%
Cap Rate
0.66
DSCR
$3,598
Rent
-$1,122
Cashflow
Cash Flow
$3,598 income − $4,720 expenses = $1,122 out of pocket
Investment Breakdown
|
Purchase Price
$515k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$126k
Downpayment
20%
$103k
Closing costs
1%
$5,150
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$3,598
Total Expenses
$4,720
Mortgage P&I
79%
$2,837
Property Taxes
12%
$425
Home Insurance
5%
$180
HOA
2%
$54
Property Management
12%
$432
CapEx
4%
$144
Vacancy
3%
$108
Maintenance
4%
$144
Other
11%
$396