This property looks like a bad Mid-Term investment with a projected -9.67% first-year return on $139k initial cash invested.
-9.67%
Cash On Cash
4.45%
Cap Rate
0.69
DSCR
$3,963
Rent
-$1,116
Cashflow
Cash Flow
$3,963 income − $5,079 expenses = $1,116 out of pocket
Investment Breakdown
|
Purchase Price
$574k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$139k
Downpayment
20%
$115k
Closing costs
1%
$5,740
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$3,963
Total Expenses
$5,079
Mortgage P&I
78%
$3,085
Property Taxes
11%
$430
Home Insurance
5%
$203
HOA
0%
$12
Property Management
12%
$476
CapEx
4%
$159
Vacancy
3%
$119
Maintenance
4%
$159
Other
11%
$436