This property looks like a bad Mid-Term investment with a projected -5.93% first-year return on $125k initial cash invested.
-5.93%
Cash On Cash
5.59%
Cap Rate
0.84
DSCR
$3,837
Rent
-$620
Cashflow
Cash Flow
$3,837 income − $4,457 expenses = $620 out of pocket
Investment Breakdown
|
Purchase Price
$512k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$125k
Downpayment
20%
$102k
Closing costs
1%
$5,116
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$3,837
Total Expenses
$4,457
Mortgage P&I
74%
$2,851
Property Taxes
3%
$130
Home Insurance
5%
$173
HOA
0%
$0
Property Management
12%
$460
CapEx
4%
$153
Vacancy
3%
$115
Maintenance
4%
$153
Other
11%
$422