This property looks like a bad Mid-Term investment with a projected -5.86% first-year return on $133k initial cash invested.
-5.86%
Cash On Cash
5.56%
Cap Rate
0.84
DSCR
$4,174
Rent
-$648
Cashflow
Cash Flow
$4,174 income − $4,822 expenses = $648 out of pocket
Investment Breakdown
|
Purchase Price
$547k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$133k
Downpayment
20%
$109k
Closing costs
1%
$5,465
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,174
Total Expenses
$4,822
Mortgage P&I
72%
$3,011
Property Taxes
5%
$191
Home Insurance
5%
$197
HOA
0%
$4
Property Management
12%
$501
CapEx
4%
$167
Vacancy
3%
$125
Maintenance
4%
$167
Other
11%
$459