This property looks like a bad Mid-Term investment with a projected -8.46% first-year return on $132k initial cash invested.
-8.46%
Cash On Cash
4.75%
Cap Rate
0.74
DSCR
$4,024
Rent
-$930
Cashflow
Cash Flow
$4,024 income − $4,954 expenses = $930 out of pocket
Investment Breakdown
|
Purchase Price
$543k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$132k
Downpayment
20%
$109k
Closing costs
1%
$5,426
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,024
Total Expenses
$4,954
Mortgage P&I
72%
$2,916
Property Taxes
12%
$477
Home Insurance
5%
$192
HOA
0%
$0
Property Management
12%
$483
CapEx
4%
$161
Vacancy
3%
$121
Maintenance
4%
$161
Other
11%
$443