This property looks like a bad Mid-Term investment with a projected -9.33% first-year return on $125k initial cash invested.
-9.33%
Cash On Cash
4.57%
Cap Rate
0.7
DSCR
$3,510
Rent
-$975
Cashflow
Cash Flow
$3,510 income − $4,485 expenses = $975 out of pocket
Investment Breakdown
|
Purchase Price
$512k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$125k
Downpayment
20%
$102k
Closing costs
1%
$5,115
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$3,510
Total Expenses
$4,485
Mortgage P&I
79%
$2,782
Property Taxes
9%
$327
Home Insurance
5%
$184
HOA
0%
$0
Property Management
12%
$421
CapEx
4%
$140
Vacancy
3%
$105
Maintenance
4%
$140
Other
11%
$386