This property looks like a bad Mid-Term investment with a projected -4.04% first-year return on $125k initial cash invested.
-4.04%
Cash On Cash
5.52%
Cap Rate
0.9
DSCR
$4,056
Rent
-$419
Cashflow
Cash Flow
$4,056 income − $4,475 expenses = $419 out of pocket
Investment Breakdown
|
Purchase Price
$508k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$125k
Downpayment
20%
$102k
Closing costs
1%
$5,076
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,056
Total Expenses
$4,475
Mortgage P&I
64%
$2,593
Property Taxes
8%
$314
Home Insurance
5%
$189
HOA
0%
$0
Property Management
12%
$487
CapEx
4%
$162
Vacancy
3%
$122
Maintenance
4%
$162
Other
11%
$446