This property looks like a bad Mid-Term investment with a projected -8.69% first-year return on $133k initial cash invested.
-8.69%
Cash On Cash
4.81%
Cap Rate
0.74
DSCR
$5,246
Rent
-$962
Cashflow
Cash Flow
$5,246 income − $6,208 expenses = $962 out of pocket
Investment Breakdown
|
Purchase Price
$547k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$133k
Downpayment
20%
$109k
Closing costs
1%
$5,467
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$5,246
Total Expenses
$6,208
Mortgage P&I
56%
$2,942
Property Taxes
10%
$529
Home Insurance
4%
$188
HOA
15%
$765
Property Management
12%
$630
CapEx
4%
$210
Vacancy
3%
$157
Maintenance
4%
$210
Other
11%
$577