This property looks like a bad Mid-Term investment with a projected -8.19% first-year return on $133k initial cash invested.
-8.19%
Cash On Cash
5.06%
Cap Rate
0.76
DSCR
$4,234
Rent
-$906
Cashflow
Cash Flow
$4,234 income − $5,140 expenses = $906 out of pocket
Investment Breakdown
|
Purchase Price
$546k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$133k
Downpayment
20%
$109k
Closing costs
1%
$5,464
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,234
Total Expenses
$5,140
Mortgage P&I
72%
$3,041
Property Taxes
11%
$468
Home Insurance
5%
$192
HOA
0%
$0
Property Management
12%
$508
CapEx
4%
$169
Vacancy
3%
$127
Maintenance
4%
$169
Other
11%
$466