This property looks like a bad Mid-Term investment with a projected -4.96% first-year return on $133k initial cash invested.
-4.96%
Cash On Cash
5.86%
Cap Rate
0.88
DSCR
$4,376
Rent
-$549
Cashflow
Cash Flow
$4,376 income − $4,925 expenses = $549 out of pocket
Investment Breakdown
|
Purchase Price
$547k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$133k
Downpayment
20%
$109k
Closing costs
1%
$5,470
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,376
Total Expenses
$4,925
Mortgage P&I
70%
$3,045
Property Taxes
5%
$197
Home Insurance
4%
$196
HOA
0%
$0
Property Management
12%
$525
CapEx
4%
$175
Vacancy
3%
$131
Maintenance
4%
$175
Other
11%
$481