This property looks like a bad Mid-Term investment with a projected -10.18% first-year return on $132k initial cash invested.
-10.18%
Cash On Cash
4.45%
Cap Rate
0.67
DSCR
$3,612
Rent
-$1,117
Cashflow
Cash Flow
$3,612 income − $4,729 expenses = $1,117 out of pocket
Investment Breakdown
|
Purchase Price
$542k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$132k
Downpayment
20%
$108k
Closing costs
1%
$5,415
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$3,612
Total Expenses
$4,729
Mortgage P&I
83%
$2,980
Property Taxes
9%
$331
Home Insurance
5%
$192
HOA
0%
$0
Property Management
12%
$433
CapEx
4%
$144
Vacancy
3%
$108
Maintenance
4%
$144
Other
11%
$397