This property looks like a bad Mid-Term investment with a projected -11.61% first-year return on $133k initial cash invested.
-11.61%
Cash On Cash
4.05%
Cap Rate
0.62
DSCR
$4,168
Rent
-$1,289
Cashflow
Cash Flow
$4,168 income − $5,457 expenses = $1,289 out of pocket
Investment Breakdown
|
Purchase Price
$549k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$133k
Downpayment
20%
$110k
Closing costs
1%
$5,486
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,168
Total Expenses
$5,457
Mortgage P&I
71%
$2,974
Property Taxes
21%
$856
Home Insurance
5%
$210
HOA
0%
$0
Property Management
12%
$500
CapEx
4%
$167
Vacancy
3%
$125
Maintenance
4%
$167
Other
11%
$458