This property looks like a bad Mid-Term investment with a projected -8.84% first-year return on $127k initial cash invested.
-8.84%
Cash On Cash
4.78%
Cap Rate
0.73
DSCR
$4,406
Rent
-$937
Cashflow
Cash Flow
$4,406 income − $5,343 expenses = $937 out of pocket
Investment Breakdown
|
Purchase Price
$520k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$127k
Downpayment
20%
$104k
Closing costs
1%
$5,200
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,406
Total Expenses
$5,343
Mortgage P&I
64%
$2,832
Property Taxes
19%
$820
Home Insurance
4%
$182
HOA
0%
$11
Property Management
12%
$529
CapEx
4%
$176
Vacancy
3%
$132
Maintenance
4%
$176
Other
11%
$485