This property looks like a bad Mid-Term investment with a projected -11.29% first-year return on $131k initial cash invested.
-11.29%
Cash On Cash
4.07%
Cap Rate
0.62
DSCR
$3,303
Rent
-$1,236
Cashflow
Cash Flow
$3,303 income − $4,539 expenses = $1,236 out of pocket
Investment Breakdown
|
Purchase Price
$540k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$131k
Downpayment
20%
$108k
Closing costs
1%
$5,399
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$3,303
Total Expenses
$4,539
Mortgage P&I
89%
$2,933
Property Taxes
9%
$295
Home Insurance
6%
$189
HOA
0%
$0
Property Management
12%
$396
CapEx
4%
$132
Vacancy
3%
$99
Maintenance
4%
$132
Other
11%
$363