This property looks like a bad Mid-Term investment with a projected -3.96% first-year return on $133k initial cash invested.
-3.96%
Cash On Cash
5.52%
Cap Rate
0.91
DSCR
$4,574
Rent
-$438
Cashflow
Cash Flow
$4,574 income − $5,012 expenses = $438 out of pocket
Investment Breakdown
|
Purchase Price
$547k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$133k
Downpayment
20%
$109k
Closing costs
1%
$5,467
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,574
Total Expenses
$5,012
Mortgage P&I
61%
$2,769
Property Taxes
11%
$513
Home Insurance
4%
$175
HOA
0%
$0
Property Management
12%
$549
CapEx
4%
$183
Vacancy
3%
$137
Maintenance
4%
$183
Other
11%
$503