This property looks like a bad Mid-Term investment with a projected -8.52% first-year return on $131k initial cash invested.
-8.52%
Cash On Cash
4.83%
Cap Rate
0.74
DSCR
$4,431
Rent
-$933
Cashflow
Cash Flow
$4,431 income − $5,364 expenses = $933 out of pocket
Investment Breakdown
|
Purchase Price
$540k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$131k
Downpayment
20%
$108k
Closing costs
1%
$5,399
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,431
Total Expenses
$5,364
Mortgage P&I
66%
$2,929
Property Taxes
17%
$740
Home Insurance
4%
$189
HOA
0%
$0
Property Management
12%
$532
CapEx
4%
$177
Vacancy
3%
$133
Maintenance
4%
$177
Other
11%
$487