This property looks like a bad Mid-Term investment with a projected -10.08% first-year return on $132k initial cash invested.
-10.08%
Cash On Cash
4.44%
Cap Rate
0.68
DSCR
$4,395
Rent
-$1,106
Cashflow
Cash Flow
$4,395 income − $5,501 expenses = $1,106 out of pocket
Investment Breakdown
|
Purchase Price
$542k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$132k
Downpayment
20%
$108k
Closing costs
1%
$5,415
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,395
Total Expenses
$5,501
Mortgage P&I
67%
$2,934
Property Taxes
13%
$587
Home Insurance
4%
$191
HOA
7%
$295
Property Management
12%
$527
CapEx
4%
$176
Vacancy
3%
$132
Maintenance
4%
$176
Other
11%
$483