This property looks like a bad Mid-Term investment with a projected -3.69% first-year return on $133k initial cash invested.
-3.69%
Cash On Cash
6.09%
Cap Rate
0.92
DSCR
$4,468
Rent
-$411
Cashflow
Cash Flow
$4,468 income − $4,879 expenses = $411 out of pocket
Investment Breakdown
|
Purchase Price
$550k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$133k
Downpayment
20%
$110k
Closing costs
1%
$5,499
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,468
Total Expenses
$4,879
Mortgage P&I
68%
$3,025
Property Taxes
3%
$143
Home Insurance
4%
$192
HOA
0%
$0
Property Management
12%
$536
CapEx
4%
$179
Vacancy
3%
$134
Maintenance
4%
$179
Other
11%
$491