This property looks like a bad Mid-Term investment with a projected -11.23% first-year return on $133k initial cash invested.
-11.23%
Cash On Cash
4.03%
Cap Rate
0.63
DSCR
$3,602
Rent
-$1,248
Cashflow
Cash Flow
$3,602 income − $4,850 expenses = $1,248 out of pocket
Investment Breakdown
|
Purchase Price
$549k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$133k
Downpayment
20%
$110k
Closing costs
1%
$5,491
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$3,602
Total Expenses
$4,850
Mortgage P&I
82%
$2,949
Property Taxes
12%
$432
Home Insurance
7%
$245
HOA
0%
$0
Property Management
12%
$432
CapEx
4%
$144
Vacancy
3%
$108
Maintenance
4%
$144
Other
11%
$396