This property looks like a bad Mid-Term investment with a projected -7.76% first-year return on $132k initial cash invested.
-7.76%
Cash On Cash
4.92%
Cap Rate
0.76
DSCR
$3,825
Rent
-$851
Cashflow
Cash Flow
$3,825 income − $4,676 expenses = $851 out of pocket
Investment Breakdown
|
Purchase Price
$541k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$132k
Downpayment
20%
$108k
Closing costs
1%
$5,406
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$3,825
Total Expenses
$4,676
Mortgage P&I
76%
$2,913
Property Taxes
6%
$224
Home Insurance
5%
$192
HOA
1%
$46
Property Management
12%
$459
CapEx
4%
$153
Vacancy
3%
$115
Maintenance
4%
$153
Other
11%
$421