This property looks like a bad Mid-Term investment with a projected -4.28% first-year return on $133k initial cash invested.
-4.28%
Cash On Cash
5.93%
Cap Rate
0.91
DSCR
$5,418
Rent
-$474
Cashflow
Cash Flow
$5,418 income − $5,892 expenses = $474 out of pocket
Investment Breakdown
|
Purchase Price
$547k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$133k
Downpayment
20%
$109k
Closing costs
1%
$5,473
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$5,418
Total Expenses
$5,892
Mortgage P&I
55%
$2,962
Property Taxes
13%
$693
Home Insurance
4%
$192
HOA
4%
$202
Property Management
12%
$650
CapEx
4%
$217
Vacancy
3%
$163
Maintenance
4%
$217
Other
11%
$596