This property looks like a bad Mid-Term investment with a projected -6.03% first-year return on $132k initial cash invested.
-6.03%
Cash On Cash
5.03%
Cap Rate
0.82
DSCR
$4,388
Rent
-$661
Cashflow
Cash Flow
$4,388 income − $5,049 expenses = $661 out of pocket
Investment Breakdown
|
Purchase Price
$541k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$132k
Downpayment
20%
$108k
Closing costs
1%
$5,407
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,388
Total Expenses
$5,049
Mortgage P&I
63%
$2,751
Property Taxes
14%
$612
Home Insurance
4%
$192
HOA
0%
$0
Property Management
12%
$527
CapEx
4%
$176
Vacancy
3%
$132
Maintenance
4%
$176
Other
11%
$483