This property looks like a bad Mid-Term investment with a projected -10.71% first-year return on $132k initial cash invested.
-10.71%
Cash On Cash
4.39%
Cap Rate
0.66
DSCR
$4,008
Rent
-$1,182
Cashflow
Cash Flow
$4,008 income − $5,190 expenses = $1,182 out of pocket
Investment Breakdown
|
Purchase Price
$545k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$132k
Downpayment
20%
$109k
Closing costs
1%
$5,450
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,008
Total Expenses
$5,190
Mortgage P&I
75%
$3,016
Property Taxes
15%
$621
Home Insurance
5%
$191
HOA
0%
$0
Property Management
12%
$481
CapEx
4%
$160
Vacancy
3%
$120
Maintenance
4%
$160
Other
11%
$441