This property looks like a bad Mid-Term investment with a projected -7.07% first-year return on $135k initial cash invested.
-7.07%
Cash On Cash
5.32%
Cap Rate
0.8
DSCR
$4,154
Rent
-$793
Cashflow
Cash Flow
$4,154 income − $4,947 expenses = $793 out of pocket
Investment Breakdown
|
Purchase Price
$555k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$135k
Downpayment
20%
$111k
Closing costs
1%
$5,548
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,154
Total Expenses
$4,947
Mortgage P&I
74%
$3,086
Property Taxes
6%
$230
Home Insurance
5%
$198
HOA
1%
$21
Property Management
12%
$498
CapEx
4%
$166
Vacancy
3%
$125
Maintenance
4%
$166
Other
11%
$457