This property looks like a bad Mid-Term investment with a projected -7.93% first-year return on $133k initial cash invested.
-7.93%
Cash On Cash
4.99%
Cap Rate
0.76
DSCR
$4,260
Rent
-$878
Cashflow
Cash Flow
$4,260 income − $5,138 expenses = $878 out of pocket
Investment Breakdown
|
Purchase Price
$547k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$133k
Downpayment
20%
$109k
Closing costs
1%
$5,467
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,260
Total Expenses
$5,138
Mortgage P&I
70%
$2,981
Property Taxes
12%
$517
Home Insurance
5%
$192
HOA
0%
$0
Property Management
12%
$511
CapEx
4%
$170
Vacancy
3%
$128
Maintenance
4%
$170
Other
11%
$469