This property looks like a bad Mid-Term investment with a projected -6.67% first-year return on $127k initial cash invested.
-6.67%
Cash On Cash
5.23%
Cap Rate
0.81
DSCR
$4,158
Rent
-$706
Cashflow
Cash Flow
$4,158 income − $4,864 expenses = $706 out of pocket
Investment Breakdown
|
Purchase Price
$519k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$127k
Downpayment
20%
$104k
Closing costs
1%
$5,188
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,158
Total Expenses
$4,864
Mortgage P&I
67%
$2,799
Property Taxes
11%
$443
Home Insurance
5%
$190
HOA
0%
$19
Property Management
12%
$499
CapEx
4%
$166
Vacancy
3%
$125
Maintenance
4%
$166
Other
11%
$457