This property looks like a bad Mid-Term investment with a projected -7.93% first-year return on $129k initial cash invested.
-7.93%
Cash On Cash
4.96%
Cap Rate
0.76
DSCR
$4,246
Rent
-$850
Cashflow
Cash Flow
$4,246 income − $5,096 expenses = $850 out of pocket
Investment Breakdown
|
Purchase Price
$527k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$129k
Downpayment
20%
$105k
Closing costs
1%
$5,265
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,246
Total Expenses
$5,096
Mortgage P&I
67%
$2,857
Property Taxes
13%
$568
Home Insurance
4%
$189
HOA
1%
$38
Property Management
12%
$510
CapEx
4%
$170
Vacancy
3%
$127
Maintenance
4%
$170
Other
11%
$467