This property looks like a bad Mid-Term investment with a projected -5.91% first-year return on $125k initial cash invested.
-5.91%
Cash On Cash
5.48%
Cap Rate
0.84
DSCR
$4,298
Rent
-$613
Cashflow
Cash Flow
$4,298 income − $4,911 expenses = $613 out of pocket
Investment Breakdown
|
Purchase Price
$507k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$125k
Downpayment
20%
$101k
Closing costs
1%
$5,072
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,298
Total Expenses
$4,911
Mortgage P&I
64%
$2,756
Property Taxes
12%
$513
Home Insurance
4%
$180
HOA
0%
$0
Property Management
12%
$516
CapEx
4%
$172
Vacancy
3%
$129
Maintenance
4%
$172
Other
11%
$473