This property looks like a bad Mid-Term investment with a projected -10.06% first-year return on $127k initial cash invested.
-10.06%
Cash On Cash
4.62%
Cap Rate
0.68
DSCR
$3,610
Rent
-$1,066
Cashflow
Cash Flow
$3,610 income − $4,676 expenses = $1,066 out of pocket
Investment Breakdown
|
Purchase Price
$520k
Downpayment
20.0%
Interest Rate
7.5%
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
$3,610
Total Expenses
$4,676
Mortgage P&I
81%
$2,924
Property Taxes
10%
$344
Home Insurance
5%
$182
HOA
0%
$0
Property Management
12%
$433
CapEx
4%
$144
Vacancy
3%
$108
Maintenance
4%
$144
Other
11%
$397