This property looks like a bad Mid-Term investment with a projected -3.89% first-year return on $132k initial cash invested.
-3.89%
Cash On Cash
5.55%
Cap Rate
0.91
DSCR
$4,636
Rent
-$427
Cashflow
Cash Flow
$4,636 income − $5,063 expenses = $427 out of pocket
Investment Breakdown
|
Purchase Price
$542k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$132k
Downpayment
20%
$108k
Closing costs
1%
$5,418
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,636
Total Expenses
$5,063
Mortgage P&I
59%
$2,748
Property Taxes
12%
$548
Home Insurance
4%
$192
HOA
0%
$0
Property Management
12%
$556
CapEx
4%
$185
Vacancy
3%
$139
Maintenance
4%
$185
Other
11%
$510