This property looks like a bad Mid-Term investment with a projected -3.63% first-year return on $133k initial cash invested.
-3.63%
Cash On Cash
5.78%
Cap Rate
0.92
DSCR
$4,272
Rent
-$402
Cashflow
Cash Flow
$4,272 income − $4,674 expenses = $402 out of pocket
Investment Breakdown
|
Purchase Price
$548k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$133k
Downpayment
20%
$110k
Closing costs
1%
$5,478
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,272
Total Expenses
$4,674
Mortgage P&I
67%
$2,870
Property Taxes
4%
$152
Home Insurance
5%
$199
HOA
0%
$0
Property Management
12%
$513
CapEx
4%
$171
Vacancy
3%
$128
Maintenance
4%
$171
Other
11%
$470