This property looks like a bad Mid-Term investment with a projected -2.54% first-year return on $133k initial cash invested.
-2.54%
Cash On Cash
5.93%
Cap Rate
0.98
DSCR
$5,337
Rent
-$281
Cashflow
Cash Flow
$5,337 income − $5,618 expenses = $281 out of pocket
Investment Breakdown
|
Purchase Price
$546k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$133k
Downpayment
20%
$109k
Closing costs
1%
$5,458
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$5,337
Total Expenses
$5,618
Mortgage P&I
52%
$2,765
Property Taxes
13%
$710
Home Insurance
4%
$192
HOA
3%
$138
Property Management
12%
$640
CapEx
4%
$213
Vacancy
3%
$160
Maintenance
4%
$213
Other
11%
$587