This property looks like a bad Mid-Term investment with a projected -16.3% first-year return on $128k initial cash invested.
-16.3%
Cash On Cash
2.76%
Cap Rate
0.42
DSCR
$2,390
Rent
-$1,742
Cashflow
Cash Flow
$2,390 income − $4,132 expenses = $1,742 out of pocket
Investment Breakdown
|
Purchase Price
$525k
Downpayment
20.0%
Interest Rate
7.2%
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
$2,390
Total Expenses
$4,132
Mortgage P&I
119%
$2,852
Property Taxes
12%
$282
Home Insurance
8%
$184
HOA
0%
$0
Property Management
12%
$287
CapEx
4%
$96
Vacancy
3%
$72
Maintenance
4%
$96
Other
11%
$263