This property looks like a bad Mid-Term investment with a projected -0.71% first-year return on $134k initial cash invested.
-0.71%
Cash On Cash
6.78%
Cap Rate
1.04
DSCR
$4,797
Rent
-$79
Cashflow
Cash Flow
$4,797 income − $4,876 expenses = $79 out of pocket
Investment Breakdown
|
Purchase Price
$550k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$134k
Downpayment
20%
$110k
Closing costs
1%
$5,504
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,797
Total Expenses
$4,876
Mortgage P&I
63%
$2,999
Property Taxes
1%
$52
Home Insurance
4%
$193
HOA
0%
$0
Property Management
12%
$576
CapEx
4%
$192
Vacancy
3%
$144
Maintenance
4%
$192
Other
11%
$528