This property looks like a bad Mid-Term investment with a projected -5.21% first-year return on $125k initial cash invested.
-5.21%
Cash On Cash
5.48%
Cap Rate
0.86
DSCR
$4,182
Rent
-$542
Cashflow
Cash Flow
$4,182 income − $4,724 expenses = $542 out of pocket
Investment Breakdown
|
Purchase Price
$509k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$125k
Downpayment
20%
$102k
Closing costs
1%
$5,090
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,182
Total Expenses
$4,724
Mortgage P&I
65%
$2,698
Property Taxes
10%
$423
Home Insurance
4%
$182
HOA
0%
$0
Property Management
12%
$502
CapEx
4%
$167
Vacancy
3%
$125
Maintenance
4%
$167
Other
11%
$460