This property looks like a bad Mid-Term investment with a projected -17.07% first-year return on $128k initial cash invested.
-17.07%
Cash On Cash
2.93%
Cap Rate
0.43
DSCR
$3,796
Rent
-$1,824
Cashflow
Cash Flow
$3,796 income − $5,620 expenses = $1,824 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%
$5,249
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$3,796
Total Expenses
$5,620
Mortgage P&I
78%
$2,952
Property Taxes
31%
$1,185
Home Insurance
5%
$191
HOA
0%
$0
Property Management
12%
$456
CapEx
4%
$152
Vacancy
3%
$114
Maintenance
4%
$152
Other
11%
$418