This property looks like a bad Mid-Term investment with a projected -14.31% first-year return on $133k initial cash invested.
-14.31%
Cash On Cash
3.43%
Cap Rate
0.52
DSCR
$3,333
Rent
-$1,590
Cashflow
Cash Flow
$3,333 income − $4,923 expenses = $1,590 out of pocket
Investment Breakdown
|
Purchase Price
$549k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$133k
Downpayment
20%
$110k
Closing costs
1%
$5,490
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$3,333
Total Expenses
$4,923
Mortgage P&I
91%
$3,026
Property Taxes
16%
$537
Home Insurance
6%
$192
HOA
1%
$35
Property Management
12%
$400
CapEx
4%
$133
Vacancy
3%
$100
Maintenance
4%
$133
Other
11%
$367