This property looks like a bad Mid-Term investment with a projected -9.28% first-year return on $133k initial cash invested.
-9.28%
Cash On Cash
4.83%
Cap Rate
0.72
DSCR
$4,304
Rent
-$1,031
Cashflow
Cash Flow
$4,304 income − $5,335 expenses = $1,031 out of pocket
Investment Breakdown
|
Purchase Price
$549k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$133k
Downpayment
20%
$110k
Closing costs
1%
$5,490
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,304
Total Expenses
$5,335
Mortgage P&I
71%
$3,071
Property Taxes
14%
$610
Home Insurance
4%
$192
HOA
0%
$0
Property Management
12%
$516
CapEx
4%
$172
Vacancy
3%
$129
Maintenance
4%
$172
Other
11%
$473