This property looks like a bad Mid-Term investment with a projected -1.47% first-year return on $133k initial cash invested.
-1.47%
Cash On Cash
6.87%
Cap Rate
1.02
DSCR
$5,388
Rent
-$163
Cashflow
Cash Flow
$5,388 income − $5,551 expenses = $163 out of pocket
Investment Breakdown
|
Purchase Price
$549k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$133k
Downpayment
20%
$110k
Closing costs
1%
$5,492
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$5,388
Total Expenses
$5,551
Mortgage P&I
57%
$3,090
Property Taxes
9%
$505
Home Insurance
2%
$122
HOA
0%
$0
Property Management
12%
$647
CapEx
4%
$216
Vacancy
3%
$162
Maintenance
4%
$216
Other
11%
$593