This property looks like a bad Mid-Term investment with a projected -6.93% first-year return on $132k initial cash invested.
-6.93%
Cash On Cash
5.27%
Cap Rate
0.8
DSCR
$4,400
Rent
-$762
Cashflow
Cash Flow
$4,400 income − $5,162 expenses = $762 out of pocket
Investment Breakdown
|
Purchase Price
$542k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$132k
Downpayment
20%
$108k
Closing costs
1%
$5,423
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,400
Total Expenses
$5,162
Mortgage P&I
67%
$2,969
Property Taxes
12%
$508
Home Insurance
4%
$189
HOA
0%
$0
Property Management
12%
$528
CapEx
4%
$176
Vacancy
3%
$132
Maintenance
4%
$176
Other
11%
$484