This property looks like a bad Mid-Term investment with a projected -0.62% first-year return on $133k initial cash invested.
-0.62%
Cash On Cash
6.65%
Cap Rate
1.04
DSCR
$4,779
Rent
-$69
Cashflow
Cash Flow
$4,779 income − $4,848 expenses = $69 out of pocket
Investment Breakdown
|
Purchase Price
$549k
Downpayment
20.0%
Interest Rate
7.0%
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
$4,779
Total Expenses
$4,848
Mortgage P&I
61%
$2,921
Property Taxes
2%
$111
Home Insurance
4%
$192
HOA
0%
$0
Property Management
12%
$573
CapEx
4%
$191
Vacancy
3%
$143
Maintenance
4%
$191
Other
11%
$526