This property looks like a bad Mid-Term investment with a projected -7.43% first-year return on $133k initial cash invested.
-7.43%
Cash On Cash
5.08%
Cap Rate
0.78
DSCR
$4,480
Rent
-$821
Cashflow
Cash Flow
$4,480 income − $5,301 expenses = $821 out of pocket
Investment Breakdown
|
Purchase Price
$546k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$133k
Downpayment
20%
$109k
Closing costs
1%
$5,461
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,480
Total Expenses
$5,301
Mortgage P&I
66%
$2,956
Property Taxes
11%
$490
Home Insurance
4%
$192
HOA
3%
$140
Property Management
12%
$538
CapEx
4%
$179
Vacancy
3%
$134
Maintenance
4%
$179
Other
11%
$493