This property looks like a bad Mid-Term investment with a projected -9.97% first-year return on $133k initial cash invested.
-9.97%
Cash On Cash
4.44%
Cap Rate
0.69
DSCR
$4,785
Rent
-$1,107
Cashflow
Cash Flow
$4,785 income − $5,892 expenses = $1,107 out of pocket
Investment Breakdown
|
Purchase Price
$549k
Downpayment
20.0%
Interest Rate
7.1%
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
$4,785
Total Expenses
$5,892
Mortgage P&I
62%
$2,949
Property Taxes
21%
$1,015
Home Insurance
4%
$192
HOA
2%
$110
Property Management
12%
$574
CapEx
4%
$191
Vacancy
3%
$144
Maintenance
4%
$191
Other
11%
$526