This property looks like a bad Mid-Term investment with a projected -9.4% first-year return on $133k initial cash invested.
-9.4%
Cash On Cash
4.72%
Cap Rate
0.71
DSCR
$4,557
Rent
-$1,042
Cashflow
Cash Flow
$4,557 income − $5,599 expenses = $1,042 out of pocket
Investment Breakdown
|
Purchase Price
$547k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$133k
Downpayment
20%
$109k
Closing costs
1%
$5,474
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,557
Total Expenses
$5,599
Mortgage P&I
66%
$3,014
Property Taxes
14%
$629
Home Insurance
4%
$197
HOA
5%
$210
Property Management
12%
$547
CapEx
4%
$182
Vacancy
3%
$137
Maintenance
4%
$182
Other
11%
$501