This property looks like a bad Mid-Term investment with a projected -4.48% first-year return on $134k initial cash invested.
-4.48%
Cash On Cash
5.85%
Cap Rate
0.9
DSCR
$4,798
Rent
-$498
Cashflow
Cash Flow
$4,798 income − $5,296 expenses = $498 out of pocket
Investment Breakdown
|
Purchase Price
$550k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$134k
Downpayment
20%
$110k
Closing costs
1%
$5,500
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,798
Total Expenses
$5,296
Mortgage P&I
62%
$2,986
Property Taxes
10%
$486
Home Insurance
4%
$192
HOA
0%
$0
Property Management
12%
$576
CapEx
4%
$192
Vacancy
3%
$144
Maintenance
4%
$192
Other
11%
$528