This property looks like a bad Mid-Term investment with a projected -8.33% first-year return on $131k initial cash invested.
-8.33%
Cash On Cash
5.02%
Cap Rate
0.75
DSCR
$3,927
Rent
-$911
Cashflow
Cash Flow
$3,927 income − $4,838 expenses = $911 out of pocket
Investment Breakdown
|
Purchase Price
$540k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$131k
Downpayment
20%
$108k
Closing costs
1%
$5,395
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$3,927
Total Expenses
$4,838
Mortgage P&I
77%
$3,013
Property Taxes
5%
$207
Home Insurance
5%
$208
HOA
2%
$75
Property Management
12%
$471
CapEx
4%
$157
Vacancy
3%
$118
Maintenance
4%
$157
Other
11%
$432