This property looks like a bad Mid-Term investment with a projected -9.96% first-year return on $139k initial cash invested.
-9.96%
Cash On Cash
4.46%
Cap Rate
0.68
DSCR
$3,682
Rent
-$1,152
Cashflow
Cash Flow
$3,682 income − $4,834 expenses = $1,152 out of pocket
Investment Breakdown
|
Purchase Price
$575k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$139k
Downpayment
20%
$115k
Closing costs
1%
$5,750
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$3,682
Total Expenses
$4,834
Mortgage P&I
85%
$3,143
Property Taxes
6%
$239
Home Insurance
5%
$201
HOA
0%
$0
Property Management
12%
$442
CapEx
4%
$147
Vacancy
3%
$110
Maintenance
4%
$147
Other
11%
$405