This property looks like a bad Mid-Term investment with a projected -7.1% first-year return on $132k initial cash invested.
-7.1%
Cash On Cash
5.26%
Cap Rate
0.79
DSCR
$4,062
Rent
-$778
Cashflow
Cash Flow
$4,062 income − $4,840 expenses = $778 out of pocket
Investment Breakdown
|
Purchase Price
$541k
Downpayment
20.0%
Interest Rate
7.4%
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
$4,062
Total Expenses
$4,840
Mortgage P&I
73%
$2,985
Property Taxes
7%
$291
Home Insurance
5%
$184
HOA
0%
$0
Property Management
12%
$487
CapEx
4%
$162
Vacancy
3%
$122
Maintenance
4%
$162
Other
11%
$447