This property looks like a bad Mid-Term investment with a projected -9.92% first-year return on $125k initial cash invested.
-9.92%
Cash On Cash
4.54%
Cap Rate
0.69
DSCR
$3,902
Rent
-$1,034
Cashflow
Cash Flow
$3,902 income − $4,936 expenses = $1,034 out of pocket
Investment Breakdown
|
Purchase Price
$510k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$125k
Downpayment
20%
$102k
Closing costs
1%
$5,100
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$3,902
Total Expenses
$4,936
Mortgage P&I
72%
$2,809
Property Taxes
15%
$567
Home Insurance
5%
$184
HOA
1%
$50
Property Management
12%
$468
CapEx
4%
$156
Vacancy
3%
$117
Maintenance
4%
$156
Other
11%
$429