This property looks like a bad Mid-Term investment with a projected -5.75% first-year return on $125k initial cash invested.
-5.75%
Cash On Cash
5.07%
Cap Rate
0.83
DSCR
$4,246
Rent
-$599
Cashflow
Cash Flow
$4,246 income − $4,845 expenses = $599 out of pocket
Investment Breakdown
|
Purchase Price
$509k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$125k
Downpayment
20%
$102k
Closing costs
1%
$5,091
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,246
Total Expenses
$4,845
Mortgage P&I
61%
$2,580
Property Taxes
13%
$567
Home Insurance
6%
$254
HOA
0%
$0
Property Management
12%
$510
CapEx
4%
$170
Vacancy
3%
$127
Maintenance
4%
$170
Other
11%
$467