This property looks like a bad Mid-Term investment with a projected -8.83% first-year return on $132k initial cash invested.
-8.83%
Cash On Cash
4.69%
Cap Rate
0.73
DSCR
$4,734
Rent
-$974
Cashflow
Cash Flow
$4,734 income − $5,708 expenses = $974 out of pocket
Investment Breakdown
|
Purchase Price
$545k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$132k
Downpayment
20%
$109k
Closing costs
1%
$5,446
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,734
Total Expenses
$5,708
Mortgage P&I
62%
$2,912
Property Taxes
18%
$856
Home Insurance
4%
$210
HOA
3%
$121
Property Management
12%
$568
CapEx
4%
$189
Vacancy
3%
$142
Maintenance
4%
$189
Other
11%
$521