This property looks like a bad Mid-Term investment with a projected -0.77% first-year return on $132k initial cash invested.
-0.77%
Cash On Cash
6.32%
Cap Rate
1.04
DSCR
$4,731
Rent
-$85
Cashflow
Cash Flow
$4,731 income − $4,816 expenses = $85 out of pocket
Investment Breakdown
|
Purchase Price
$541k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$132k
Downpayment
20%
$108k
Closing costs
1%
$5,411
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,731
Total Expenses
$4,816
Mortgage P&I
58%
$2,746
Property Taxes
6%
$270
Home Insurance
4%
$192
HOA
0%
$0
Property Management
12%
$568
CapEx
4%
$189
Vacancy
3%
$142
Maintenance
4%
$189
Other
11%
$520