This property looks like a bad Mid-Term investment with a projected -7.72% first-year return on $132k initial cash invested.
-7.72%
Cash On Cash
5.05%
Cap Rate
0.77
DSCR
$4,432
Rent
-$850
Cashflow
Cash Flow
$4,432 income − $5,282 expenses = $850 out of pocket
Investment Breakdown
|
Purchase Price
$544k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$132k
Downpayment
20%
$109k
Closing costs
1%
$5,437
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,432
Total Expenses
$5,282
Mortgage P&I
67%
$2,960
Property Taxes
11%
$468
Home Insurance
4%
$192
HOA
4%
$155
Property Management
12%
$532
CapEx
4%
$177
Vacancy
3%
$133
Maintenance
4%
$177
Other
11%
$488