This property looks like a bad Mid-Term investment with a projected -5.33% first-year return on $137k initial cash invested.
-5.33%
Cash On Cash
5.53%
Cap Rate
0.86
DSCR
$4,911
Rent
-$608
Cashflow
Cash Flow
$4,911 income − $5,519 expenses = $608 out of pocket
Investment Breakdown
|
Purchase Price
$566k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$137k
Downpayment
20%
$113k
Closing costs
1%
$5,659
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,911
Total Expenses
$5,519
Mortgage P&I
61%
$3,018
Property Taxes
12%
$573
Home Insurance
4%
$206
HOA
1%
$54
Property Management
12%
$589
CapEx
4%
$196
Vacancy
3%
$147
Maintenance
4%
$196
Other
11%
$540