This property looks like a bad Mid-Term investment with a projected -8.14% first-year return on $128k initial cash invested.
-8.14%
Cash On Cash
4.75%
Cap Rate
0.74
DSCR
$3,486
Rent
-$870
Cashflow
Cash Flow
$3,486 income − $4,356 expenses = $870 out of pocket
Investment Breakdown
|
Purchase Price
$525k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$128k
Downpayment
20%
$105k
Closing costs
1%
$5,250
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$3,486
Total Expenses
$4,356
Mortgage P&I
81%
$2,808
Property Taxes
5%
$180
Home Insurance
5%
$184
HOA
0%
$0
Property Management
12%
$418
CapEx
4%
$139
Vacancy
3%
$105
Maintenance
4%
$139
Other
11%
$383