This property looks like a bad Mid-Term investment with a projected -4.11% first-year return on $134k initial cash invested.
-4.11%
Cash On Cash
5.67%
Cap Rate
0.9
DSCR
$4,484
Rent
-$459
Cashflow
Cash Flow
$4,484 income − $4,943 expenses = $459 out of pocket
Investment Breakdown
|
Purchase Price
$552k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$134k
Downpayment
20%
$110k
Closing costs
1%
$5,522
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,484
Total Expenses
$4,943
Mortgage P&I
64%
$2,888
Property Taxes
7%
$332
Home Insurance
4%
$199
HOA
0%
$0
Property Management
12%
$538
CapEx
4%
$179
Vacancy
3%
$135
Maintenance
4%
$179
Other
11%
$493