This property looks like a bad Mid-Term investment with a projected -3.14% first-year return on $133k initial cash invested.
-3.14%
Cash On Cash
5.66%
Cap Rate
0.94
DSCR
$4,623
Rent
-$347
Cashflow
Cash Flow
$4,623 income − $4,970 expenses = $347 out of pocket
Investment Breakdown
|
Purchase Price
$545k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$133k
Downpayment
20%
$109k
Closing costs
1%
$5,454
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,623
Total Expenses
$4,970
Mortgage P&I
59%
$2,734
Property Taxes
7%
$307
Home Insurance
4%
$201
HOA
3%
$155
Property Management
12%
$555
CapEx
4%
$185
Vacancy
3%
$139
Maintenance
4%
$185
Other
11%
$509