This property looks like a bad Mid-Term investment with a projected -3.42% first-year return on $125k initial cash invested.
-3.42%
Cash On Cash
6.33%
Cap Rate
0.95
DSCR
$5,106
Rent
-$358
Cashflow
Cash Flow
$5,106 income − $5,464 expenses = $358 out of pocket
Investment Breakdown
|
Purchase Price
$512k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$125k
Downpayment
20%
$102k
Closing costs
1%
$5,119
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$5,106
Total Expenses
$5,464
Mortgage P&I
56%
$2,853
Property Taxes
14%
$697
Home Insurance
3%
$178
HOA
0%
$0
Property Management
12%
$613
CapEx
4%
$204
Vacancy
3%
$153
Maintenance
4%
$204
Other
11%
$562