This property looks like a bad Mid-Term investment with a projected -9.04% first-year return on $133k initial cash invested.
-9.04%
Cash On Cash
4.62%
Cap Rate
0.72
DSCR
$4,148
Rent
-$1,000
Cashflow
Cash Flow
$4,148 income − $5,148 expenses = $1,000 out of pocket
Investment Breakdown
|
Purchase Price
$546k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$133k
Downpayment
20%
$109k
Closing costs
1%
$5,464
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,148
Total Expenses
$5,148
Mortgage P&I
71%
$2,939
Property Taxes
13%
$555
Home Insurance
4%
$175
HOA
2%
$69
Property Management
12%
$498
CapEx
4%
$166
Vacancy
3%
$124
Maintenance
4%
$166
Other
11%
$456