This property looks like a bad Mid-Term investment with a projected -4.21% first-year return on $135k initial cash invested.
-4.21%
Cash On Cash
5.77%
Cap Rate
0.91
DSCR
$5,271
Rent
-$472
Cashflow
Cash Flow
$5,271 income − $5,743 expenses = $472 out of pocket
Investment Breakdown
|
Purchase Price
$555k
Downpayment
20.0%
Interest Rate
6.9%
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
$5,271
Total Expenses
$5,743
Mortgage P&I
56%
$2,927
Property Taxes
15%
$813
Home Insurance
4%
$210
HOA
0%
$0
Property Management
12%
$633
CapEx
4%
$211
Vacancy
3%
$158
Maintenance
4%
$211
Other
11%
$580