This property looks like a bad Mid-Term investment with a projected -16.93% first-year return on $133k initial cash invested.
-16.93%
Cash On Cash
2.64%
Cap Rate
0.4
DSCR
$2,436
Rent
-$1,881
Cashflow
Cash Flow
$2,436 income − $4,317 expenses = $1,881 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%
$5,490
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$2,436
Total Expenses
$4,317
Mortgage P&I
123%
$2,994
Property Taxes
12%
$304
Home Insurance
8%
$192
HOA
0%
$0
Property Management
12%
$292
CapEx
4%
$97
Vacancy
3%
$73
Maintenance
4%
$97
Other
11%
$268