This property looks like a bad Mid-Term investment with a projected -3.68% first-year return on $132k initial cash invested.
-3.68%
Cash On Cash
5.78%
Cap Rate
0.93
DSCR
$5,148
Rent
-$406
Cashflow
Cash Flow
$5,148 income − $5,554 expenses = $406 out of pocket
Investment Breakdown
|
Purchase Price
$545k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$132k
Downpayment
20%
$109k
Closing costs
1%
$5,451
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$5,148
Total Expenses
$5,554
Mortgage P&I
55%
$2,826
Property Taxes
15%
$786
Home Insurance
4%
$192
HOA
0%
$0
Property Management
12%
$618
CapEx
4%
$206
Vacancy
3%
$154
Maintenance
4%
$206
Other
11%
$566