This property looks like a bad Mid-Term investment with a projected -5.75% first-year return on $133k initial cash invested.
-5.75%
Cash On Cash
5.44%
Cap Rate
0.85
DSCR
$4,740
Rent
-$636
Cashflow
Cash Flow
$4,740 income − $5,376 expenses = $636 out of pocket
Investment Breakdown
|
Purchase Price
$546k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$133k
Downpayment
20%
$109k
Closing costs
1%
$5,462
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,740
Total Expenses
$5,376
Mortgage P&I
62%
$2,923
Property Taxes
14%
$649
Home Insurance
4%
$192
HOA
0%
$0
Property Management
12%
$569
CapEx
4%
$190
Vacancy
3%
$142
Maintenance
4%
$190
Other
11%
$521