This property looks like a bad Mid-Term investment with a projected -6.43% first-year return on $132k initial cash invested.
-6.43%
Cash On Cash
5.31%
Cap Rate
0.82
DSCR
$4,107
Rent
-$709
Cashflow
Cash Flow
$4,107 income − $4,816 expenses = $709 out of pocket
Investment Breakdown
|
Purchase Price
$544k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$132k
Downpayment
20%
$109k
Closing costs
1%
$5,444
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,107
Total Expenses
$4,816
Mortgage P&I
72%
$2,955
Property Taxes
7%
$273
Home Insurance
5%
$192
HOA
0%
$0
Property Management
12%
$493
CapEx
4%
$164
Vacancy
3%
$123
Maintenance
4%
$164
Other
11%
$452