This property looks like a bad Mid-Term investment with a projected -6.62% first-year return on $133k initial cash invested.
-6.62%
Cash On Cash
5.12%
Cap Rate
0.81
DSCR
$4,371
Rent
-$732
Cashflow
Cash Flow
$4,371 income − $5,103 expenses = $732 out of pocket
Investment Breakdown
|
Purchase Price
$546k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$133k
Downpayment
20%
$109k
Closing costs
1%
$5,461
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,371
Total Expenses
$5,103
Mortgage P&I
66%
$2,888
Property Taxes
12%
$536
Home Insurance
4%
$192
HOA
0%
$0
Property Management
12%
$525
CapEx
4%
$175
Vacancy
3%
$131
Maintenance
4%
$175
Other
11%
$481