This property looks like a bad Mid-Term investment with a projected -10.52% first-year return on $139k initial cash invested.
-10.52%
Cash On Cash
4.41%
Cap Rate
0.67
DSCR
$4,936
Rent
-$1,216
Cashflow
Cash Flow
$4,936 income − $6,152 expenses = $1,216 out of pocket
Investment Breakdown
|
Purchase Price
$575k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$139k
Downpayment
20%
$115k
Closing costs
1%
$5,749
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,936
Total Expenses
$6,152
Mortgage P&I
63%
$3,134
Property Taxes
18%
$882
Home Insurance
4%
$201
HOA
5%
$258
Property Management
12%
$592
CapEx
4%
$197
Vacancy
3%
$148
Maintenance
4%
$197
Other
11%
$543