This property looks like a bad Mid-Term investment with a projected -1.9% first-year return on $132k initial cash invested.
-1.9%
Cash On Cash
6.39%
Cap Rate
1
DSCR
$5,236
Rent
-$209
Cashflow
Cash Flow
$5,236 income − $5,445 expenses = $209 out of pocket
Investment Breakdown
|
Purchase Price
$544k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$132k
Downpayment
20%
$109k
Closing costs
1%
$5,443
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$5,236
Total Expenses
$5,445
Mortgage P&I
55%
$2,897
Property Taxes
11%
$577
Home Insurance
4%
$192
HOA
0%
$0
Property Management
12%
$628
CapEx
4%
$209
Vacancy
3%
$157
Maintenance
4%
$209
Other
11%
$576