This property looks like a bad Mid-Term investment with a projected -3.79% first-year return on $133k initial cash invested.
-3.79%
Cash On Cash
6.16%
Cap Rate
0.93
DSCR
$4,866
Rent
-$419
Cashflow
Cash Flow
$4,866 income − $5,285 expenses = $419 out of pocket
Investment Breakdown
|
Purchase Price
$547k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$133k
Downpayment
20%
$109k
Closing costs
1%
$5,466
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,866
Total Expenses
$5,285
Mortgage P&I
62%
$3,029
Property Taxes
8%
$407
Home Insurance
4%
$194
HOA
0%
$0
Property Management
12%
$584
CapEx
4%
$195
Vacancy
3%
$146
Maintenance
4%
$195
Other
11%
$535