This property looks like a bad Mid-Term investment with a projected -9.62% first-year return on $134k initial cash invested.
-9.62%
Cash On Cash
4.77%
Cap Rate
0.71
DSCR
$4,803
Rent
-$1,073
Cashflow
Cash Flow
$4,803 income − $5,876 expenses = $1,073 out of pocket
Investment Breakdown
|
Purchase Price
$552k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$134k
Downpayment
20%
$110k
Closing costs
1%
$5,519
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,803
Total Expenses
$5,876
Mortgage P&I
64%
$3,076
Property Taxes
19%
$916
Home Insurance
4%
$192
HOA
1%
$60
Property Management
12%
$576
CapEx
4%
$192
Vacancy
3%
$144
Maintenance
4%
$192
Other
11%
$528