This property looks like a bad Mid-Term investment with a projected -9.22% first-year return on $132k initial cash invested.
-9.22%
Cash On Cash
4.7%
Cap Rate
0.71
DSCR
$4,083
Rent
-$1,011
Cashflow
Cash Flow
$4,083 income − $5,094 expenses = $1,011 out of pocket
Investment Breakdown
|
Purchase Price
$541k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$132k
Downpayment
20%
$108k
Closing costs
1%
$5,410
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,083
Total Expenses
$5,094
Mortgage P&I
73%
$2,966
Property Taxes
13%
$550
Home Insurance
5%
$191
HOA
0%
$0
Property Management
12%
$490
CapEx
4%
$163
Vacancy
3%
$122
Maintenance
4%
$163
Other
11%
$449