This property looks like a bad Mid-Term investment with a projected -1.88% first-year return on $132k initial cash invested.
-1.88%
Cash On Cash
6.06%
Cap Rate
1
DSCR
$4,887
Rent
-$206
Cashflow
Cash Flow
$4,887 income − $5,093 expenses = $206 out of pocket
Investment Breakdown
|
Purchase Price
$541k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$132k
Downpayment
20%
$108k
Closing costs
1%
$5,408
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,887
Total Expenses
$5,093
Mortgage P&I
56%
$2,741
Property Taxes
10%
$497
Home Insurance
4%
$194
HOA
0%
$0
Property Management
12%
$586
CapEx
4%
$195
Vacancy
3%
$147
Maintenance
4%
$195
Other
11%
$538