This property looks like a bad Mid-Term investment with a projected -6.02% first-year return on $132k initial cash invested.
-6.02%
Cash On Cash
5.36%
Cap Rate
0.83
DSCR
$4,516
Rent
-$664
Cashflow
Cash Flow
$4,516 income − $5,180 expenses = $664 out of pocket
Investment Breakdown
|
Purchase Price
$545k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$132k
Downpayment
20%
$109k
Closing costs
1%
$5,450
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,516
Total Expenses
$5,180
Mortgage P&I
65%
$2,917
Property Taxes
12%
$536
Home Insurance
4%
$191
HOA
0%
$0
Property Management
12%
$542
CapEx
4%
$181
Vacancy
3%
$135
Maintenance
4%
$181
Other
11%
$497