This property looks like a bad Mid-Term investment with a projected -12.16% first-year return on $135k initial cash invested.
-12.16%
Cash On Cash
4.11%
Cap Rate
0.61
DSCR
$4,200
Rent
-$1,365
Cashflow
Cash Flow
$4,200 income − $5,565 expenses = $1,365 out of pocket
Investment Breakdown
|
Purchase Price
$556k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$135k
Downpayment
20%
$111k
Closing costs
1%
$5,559
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,200
Total Expenses
$5,565
Mortgage P&I
74%
$3,099
Property Taxes
20%
$849
Home Insurance
5%
$189
HOA
0%
$0
Property Management
12%
$504
CapEx
4%
$168
Vacancy
3%
$126
Maintenance
4%
$168
Other
11%
$462