This property looks like a bad Mid-Term investment with a projected -7.47% first-year return on $134k initial cash invested.
-7.47%
Cash On Cash
5.31%
Cap Rate
0.79
DSCR
$4,716
Rent
-$836
Cashflow
Cash Flow
$4,716 income − $5,552 expenses = $836 out of pocket
Investment Breakdown
|
Purchase Price
$554k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$134k
Downpayment
20%
$111k
Closing costs
1%
$5,541
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,716
Total Expenses
$5,552
Mortgage P&I
66%
$3,099
Property Taxes
14%
$653
Home Insurance
4%
$196
HOA
0%
$0
Property Management
12%
$566
CapEx
4%
$189
Vacancy
3%
$141
Maintenance
4%
$189
Other
11%
$519