This property looks like a bad Mid-Term investment with a projected -4.05% first-year return on $139k initial cash invested.
-4.05%
Cash On Cash
5.71%
Cap Rate
0.91
DSCR
$4,764
Rent
-$471
Cashflow
Cash Flow
$4,764 income − $5,235 expenses = $471 out of pocket
Investment Breakdown
|
Purchase Price
$578k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$139k
Downpayment
20%
$116k
Closing costs
1%
$5,783
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,764
Total Expenses
$5,235
Mortgage P&I
64%
$3,030
Property Taxes
8%
$374
Home Insurance
4%
$210
HOA
0%
$0
Property Management
12%
$572
CapEx
4%
$191
Vacancy
3%
$143
Maintenance
4%
$191
Other
11%
$524