This property looks like a bad Mid-Term investment with a projected -15.08% first-year return on $133k initial cash invested.
-15.08%
Cash On Cash
3.25%
Cap Rate
0.49
DSCR
$3,404
Rent
-$1,674
Cashflow
Cash Flow
$3,404 income − $5,078 expenses = $1,674 out of pocket
Investment Breakdown
|
Purchase Price
$549k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$133k
Downpayment
20%
$110k
Closing costs
1%
$5,485
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$3,404
Total Expenses
$5,078
Mortgage P&I
89%
$3,024
Property Taxes
21%
$706
Home Insurance
6%
$192
HOA
0%
$0
Property Management
12%
$408
CapEx
4%
$136
Vacancy
3%
$102
Maintenance
4%
$136
Other
11%
$374