This property looks like a bad Mid-Term investment with a projected -9.72% first-year return on $125k initial cash invested.
-9.72%
Cash On Cash
4.72%
Cap Rate
0.7
DSCR
$4,132
Rent
-$1,009
Cashflow
Cash Flow
$4,132 income − $5,141 expenses = $1,009 out of pocket
Investment Breakdown
|
Purchase Price
$507k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$125k
Downpayment
20%
$101k
Closing costs
1%
$5,073
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,132
Total Expenses
$5,141
Mortgage P&I
69%
$2,838
Property Taxes
17%
$714
Home Insurance
4%
$184
HOA
0%
$0
Property Management
12%
$496
CapEx
4%
$165
Vacancy
3%
$124
Maintenance
4%
$165
Other
11%
$455