This property looks like a bad Mid-Term investment with a projected -8.56% first-year return on $133k initial cash invested.
-8.56%
Cash On Cash
4.62%
Cap Rate
0.73
DSCR
$3,928
Rent
-$946
Cashflow
Cash Flow
$3,928 income − $4,874 expenses = $946 out of pocket
Investment Breakdown
|
Purchase Price
$546k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$133k
Downpayment
20%
$109k
Closing costs
1%
$5,458
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$3,928
Total Expenses
$4,874
Mortgage P&I
74%
$2,890
Property Taxes
11%
$437
Home Insurance
5%
$203
HOA
0%
$9
Property Management
12%
$471
CapEx
4%
$157
Vacancy
3%
$118
Maintenance
4%
$157
Other
11%
$432