This property looks like a bad Mid-Term investment with a projected -11.83% first-year return on $132k initial cash invested.
-11.83%
Cash On Cash
4.08%
Cap Rate
0.62
DSCR
$3,747
Rent
-$1,304
Cashflow
Cash Flow
$3,747 income − $5,051 expenses = $1,304 out of pocket
Investment Breakdown
|
Purchase Price
$544k
Downpayment
20.0%
Interest Rate
7.4%
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
$3,747
Total Expenses
$5,051
Mortgage P&I
80%
$3,004
Property Taxes
12%
$434
Home Insurance
5%
$192
HOA
4%
$147
Property Management
12%
$450
CapEx
4%
$150
Vacancy
3%
$112
Maintenance
4%
$150
Other
11%
$412