This property looks like a bad Mid-Term investment with a projected -11.46% first-year return on $133k initial cash invested.
-11.46%
Cash On Cash
4.23%
Cap Rate
0.63
DSCR
$3,726
Rent
-$1,268
Cashflow
Cash Flow
$3,726 income − $4,994 expenses = $1,268 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%
$5,463
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$3,726
Total Expenses
$4,994
Mortgage P&I
82%
$3,044
Property Taxes
13%
$491
Home Insurance
5%
$192
HOA
0%
$0
Property Management
12%
$447
CapEx
4%
$149
Vacancy
3%
$112
Maintenance
4%
$149
Other
11%
$410