This property looks like a bad Mid-Term investment with a projected -0.35% first-year return on $132k initial cash invested.
-0.35%
Cash On Cash
6.83%
Cap Rate
1.06
DSCR
$5,120
Rent
-$39
Cashflow
Cash Flow
$5,120 income − $5,159 expenses = $39 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%
$5,449
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$5,120
Total Expenses
$5,159
Mortgage P&I
57%
$2,934
Property Taxes
5%
$279
Home Insurance
4%
$199
HOA
0%
$6
Property Management
12%
$614
CapEx
4%
$205
Vacancy
3%
$154
Maintenance
4%
$205
Other
11%
$563