This property looks like a bad Mid-Term investment with a projected -15.57% first-year return on $131k initial cash invested.
-15.57%
Cash On Cash
3.27%
Cap Rate
0.49
DSCR
$3,921
Rent
-$1,694
Cashflow
Cash Flow
$3,921 income − $5,615 expenses = $1,694 out of pocket
Investment Breakdown
|
Purchase Price
$536k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$131k
Downpayment
20%
$107k
Closing costs
1%
$5,358
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$3,921
Total Expenses
$5,615
Mortgage P&I
76%
$2,997
Property Taxes
27%
$1,067
Home Insurance
5%
$192
HOA
1%
$25
Property Management
12%
$471
CapEx
4%
$157
Vacancy
3%
$118
Maintenance
4%
$157
Other
11%
$431