This property looks like a bad Mid-Term investment with a projected -6.87% first-year return on $137k initial cash invested.
-6.87%
Cash On Cash
5.49%
Cap Rate
0.82
DSCR
$5,090
Rent
-$785
Cashflow
Cash Flow
$5,090 income − $5,875 expenses = $785 out of pocket
Investment Breakdown
|
Purchase Price
$567k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$137k
Downpayment
20%
$113k
Closing costs
1%
$5,669
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$5,090
Total Expenses
$5,875
Mortgage P&I
62%
$3,176
Property Taxes
15%
$762
Home Insurance
4%
$205
HOA
0%
$0
Property Management
12%
$611
CapEx
4%
$204
Vacancy
3%
$153
Maintenance
4%
$204
Other
11%
$560