This property looks like a bad Mid-Term investment with a projected -6.41% first-year return on $133k initial cash invested.
-6.41%
Cash On Cash
5.41%
Cap Rate
0.83
DSCR
$5,182
Rent
-$711
Cashflow
Cash Flow
$5,182 income − $5,893 expenses = $711 out of pocket
Investment Breakdown
|
Purchase Price
$548k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$133k
Downpayment
20%
$110k
Closing costs
1%
$5,483
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$5,182
Total Expenses
$5,893
Mortgage P&I
57%
$2,977
Property Taxes
18%
$945
Home Insurance
4%
$210
HOA
0%
$0
Property Management
12%
$622
CapEx
4%
$207
Vacancy
3%
$155
Maintenance
4%
$207
Other
11%
$570