This property looks like a bad Mid-Term investment with a projected -1.81% first-year return on $125k initial cash invested.
-1.81%
Cash On Cash
6.53%
Cap Rate
1
DSCR
$4,881
Rent
-$188
Cashflow
Cash Flow
$4,881 income − $5,069 expenses = $188 out of pocket
Investment Breakdown
|
Purchase Price
$509k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$125k
Downpayment
20%
$102k
Closing costs
1%
$5,092
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,881
Total Expenses
$5,069
Mortgage P&I
57%
$2,766
Property Taxes
9%
$462
Home Insurance
4%
$182
HOA
0%
$0
Property Management
12%
$586
CapEx
4%
$195
Vacancy
3%
$146
Maintenance
4%
$195
Other
11%
$537