This property looks like a bad Mid-Term investment with a projected -11.83% first-year return on $135k initial cash invested.
-11.83%
Cash On Cash
4.02%
Cap Rate
0.61
DSCR
$3,756
Rent
-$1,333
Cashflow
Cash Flow
$3,756 income − $5,089 expenses = $1,333 out of pocket
Investment Breakdown
|
Purchase Price
$558k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$135k
Downpayment
20%
$112k
Closing costs
1%
$5,582
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$3,756
Total Expenses
$5,089
Mortgage P&I
81%
$3,051
Property Taxes
12%
$444
Home Insurance
6%
$219
HOA
3%
$98
Property Management
12%
$451
CapEx
4%
$150
Vacancy
3%
$113
Maintenance
4%
$150
Other
11%
$413