This property looks like a bad Mid-Term investment with a projected -10.2% first-year return on $137k initial cash invested.
-10.2%
Cash On Cash
4.36%
Cap Rate
0.67
DSCR
$4,119
Rent
-$1,163
Cashflow
Cash Flow
$4,119 income − $5,282 expenses = $1,163 out of pocket
Investment Breakdown
|
Purchase Price
$566k
Downpayment
20.0%
Interest Rate
7.1%
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
$4,119
Total Expenses
$5,282
Mortgage P&I
74%
$3,053
Property Taxes
13%
$527
Home Insurance
5%
$201
HOA
2%
$100
Property Management
12%
$494
CapEx
4%
$165
Vacancy
3%
$124
Maintenance
4%
$165
Other
11%
$453