This property looks like a bad Mid-Term investment with a projected -10.33% first-year return on $132k initial cash invested.
-10.33%
Cash On Cash
4.35%
Cap Rate
0.67
DSCR
$3,806
Rent
-$1,137
Cashflow
Cash Flow
$3,806 income − $4,943 expenses = $1,137 out of pocket
Investment Breakdown
|
Purchase Price
$543k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$132k
Downpayment
20%
$109k
Closing costs
1%
$5,434
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$3,806
Total Expenses
$4,943
Mortgage P&I
78%
$2,956
Property Taxes
13%
$501
Home Insurance
5%
$192
HOA
0%
$0
Property Management
12%
$457
CapEx
4%
$152
Vacancy
3%
$114
Maintenance
4%
$152
Other
11%
$419