This property looks like a bad Mid-Term investment with a projected -13.08% first-year return on $135k initial cash invested.
-13.08%
Cash On Cash
3.25%
Cap Rate
0.53
DSCR
$3,836
Rent
-$1,470
Cashflow
Cash Flow
$3,836 income − $5,306 expenses = $1,470 out of pocket
Investment Breakdown
|
Purchase Price
$557k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$135k
Downpayment
20%
$111k
Closing costs
1%
$5,567
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$3,836
Total Expenses
$5,306
Mortgage P&I
74%
$2,827
Property Taxes
25%
$975
Home Insurance
5%
$201
HOA
0%
$0
Property Management
12%
$460
CapEx
4%
$153
Vacancy
3%
$115
Maintenance
4%
$153
Other
11%
$422