This property looks like a bad Mid-Term investment with a projected -7.97% first-year return on $128k initial cash invested.
-7.97%
Cash On Cash
5.08%
Cap Rate
0.76
DSCR
$3,818
Rent
-$851
Cashflow
Cash Flow
$3,818 income − $4,669 expenses = $851 out of pocket
Investment Breakdown
|
Purchase Price
$525k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$128k
Downpayment
20%
$105k
Closing costs
1%
$5,246
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$3,818
Total Expenses
$4,669
Mortgage P&I
76%
$2,919
Property Taxes
5%
$188
Home Insurance
5%
$201
HOA
2%
$62
Property Management
12%
$458
CapEx
4%
$153
Vacancy
3%
$115
Maintenance
4%
$153
Other
11%
$420