This property looks like a bad Mid-Term investment with a projected -8.46% first-year return on $132k initial cash invested.
-8.46%
Cash On Cash
4.59%
Cap Rate
0.73
DSCR
$4,546
Rent
-$930
Cashflow
Cash Flow
$4,546 income − $5,476 expenses = $930 out of pocket
Investment Breakdown
|
Purchase Price
$542k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$132k
Downpayment
20%
$108k
Closing costs
1%
$5,421
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,546
Total Expenses
$5,476
Mortgage P&I
62%
$2,820
Property Taxes
20%
$911
Home Insurance
4%
$199
HOA
0%
$0
Property Management
12%
$546
CapEx
4%
$182
Vacancy
3%
$136
Maintenance
4%
$182
Other
11%
$500