This property looks like a bad Mid-Term investment with a projected -6.92% first-year return on $133k initial cash invested.
-6.92%
Cash On Cash
5.17%
Cap Rate
0.8
DSCR
$4,143
Rent
-$764
Cashflow
Cash Flow
$4,143 income − $4,907 expenses = $764 out of pocket
Investment Breakdown
|
Purchase Price
$546k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$133k
Downpayment
20%
$109k
Closing costs
1%
$5,456
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,143
Total Expenses
$4,907
Mortgage P&I
71%
$2,947
Property Taxes
7%
$310
Home Insurance
5%
$195
HOA
1%
$46
Property Management
12%
$497
CapEx
4%
$166
Vacancy
3%
$124
Maintenance
4%
$166
Other
11%
$456