This property looks like a bad Mid-Term investment with a projected -7.67% first-year return on $125k initial cash invested.
-7.67%
Cash On Cash
4.87%
Cap Rate
0.76
DSCR
$3,830
Rent
-$798
Cashflow
Cash Flow
$3,830 income − $4,628 expenses = $798 out of pocket
Investment Breakdown
|
Purchase Price
$509k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$125k
Downpayment
20%
$102k
Closing costs
1%
$5,088
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$3,830
Total Expenses
$4,628
Mortgage P&I
71%
$2,708
Property Taxes
11%
$434
Home Insurance
5%
$184
HOA
0%
$0
Property Management
12%
$460
CapEx
4%
$153
Vacancy
3%
$115
Maintenance
4%
$153
Other
11%
$421