This property looks like a bad Mid-Term investment with a projected -9.69% first-year return on $136k initial cash invested.
-9.69%
Cash On Cash
4.79%
Cap Rate
0.7
DSCR
$3,982
Rent
-$1,097
Cashflow
Cash Flow
$3,982 income − $5,079 expenses = $1,097 out of pocket
Investment Breakdown
|
Purchase Price
$561k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$136k
Downpayment
20%
$112k
Closing costs
1%
$5,612
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$3,982
Total Expenses
$5,079
Mortgage P&I
80%
$3,178
Property Taxes
8%
$301
Home Insurance
5%
$205
HOA
1%
$42
Property Management
12%
$478
CapEx
4%
$159
Vacancy
3%
$119
Maintenance
4%
$159
Other
11%
$438