This property looks like a bad Mid-Term investment with a projected -6.97% first-year return on $134k initial cash invested.
-6.97%
Cash On Cash
5.37%
Cap Rate
0.81
DSCR
$4,672
Rent
-$775
Cashflow
Cash Flow
$4,672 income − $5,447 expenses = $775 out of pocket
Investment Breakdown
|
Purchase Price
$550k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$134k
Downpayment
20%
$110k
Closing costs
1%
$5,500
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,672
Total Expenses
$5,447
Mortgage P&I
65%
$3,048
Property Taxes
13%
$618
Home Insurance
4%
$192
HOA
0%
$0
Property Management
12%
$561
CapEx
4%
$187
Vacancy
3%
$140
Maintenance
4%
$187
Other
11%
$514