This property looks like a bad Mid-Term investment with a projected -7.44% first-year return on $129k initial cash invested.
-7.44%
Cash On Cash
5.24%
Cap Rate
0.79
DSCR
$4,610
Rent
-$798
Cashflow
Cash Flow
$4,610 income − $5,408 expenses = $798 out of pocket
Investment Breakdown
|
Purchase Price
$527k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$129k
Downpayment
20%
$105k
Closing costs
1%
$5,270
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,610
Total Expenses
$5,408
Mortgage P&I
63%
$2,915
Property Taxes
14%
$663
Home Insurance
4%
$191
HOA
2%
$73
Property Management
12%
$553
CapEx
4%
$184
Vacancy
3%
$138
Maintenance
4%
$184
Other
11%
$507