This property looks like a bad Mid-Term investment with a projected -5.42% first-year return on $136k initial cash invested.
-5.42%
Cash On Cash
5.27%
Cap Rate
0.85
DSCR
$4,569
Rent
-$612
Cashflow
Cash Flow
$4,569 income − $5,181 expenses = $612 out of pocket
Investment Breakdown
|
Purchase Price
$560k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$136k
Downpayment
20%
$112k
Closing costs
1%
$5,599
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,569
Total Expenses
$5,181
Mortgage P&I
63%
$2,887
Property Taxes
12%
$544
Home Insurance
4%
$196
HOA
0%
$0
Property Management
12%
$548
CapEx
4%
$183
Vacancy
3%
$137
Maintenance
4%
$183
Other
11%
$503