This property looks like a bad Mid-Term investment with a projected -7.82% first-year return on $127k initial cash invested.
-7.82%
Cash On Cash
4.91%
Cap Rate
0.76
DSCR
$4,028
Rent
-$825
Cashflow
Cash Flow
$4,028 income − $4,853 expenses = $825 out of pocket
Investment Breakdown
|
Purchase Price
$517k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$127k
Downpayment
20%
$103k
Closing costs
1%
$5,174
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,028
Total Expenses
$4,853
Mortgage P&I
69%
$2,781
Property Taxes
13%
$517
Home Insurance
5%
$186
HOA
0%
$0
Property Management
12%
$483
CapEx
4%
$161
Vacancy
3%
$121
Maintenance
4%
$161
Other
11%
$443