This property looks like a bad Mid-Term investment with a projected -8.82% first-year return on $133k initial cash invested.
-8.82%
Cash On Cash
4.77%
Cap Rate
0.73
DSCR
$4,104
Rent
-$975
Cashflow
Cash Flow
$4,104 income − $5,079 expenses = $975 out of pocket
Investment Breakdown
|
Purchase Price
$546k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$133k
Downpayment
20%
$109k
Closing costs
1%
$5,461
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,104
Total Expenses
$5,079
Mortgage P&I
73%
$2,980
Property Taxes
13%
$513
Home Insurance
5%
$192
HOA
0%
$0
Property Management
12%
$492
CapEx
4%
$164
Vacancy
3%
$123
Maintenance
4%
$164
Other
11%
$451