This property looks like a bad Mid-Term investment with a projected -6.62% first-year return on $139k initial cash invested.
-6.62%
Cash On Cash
5.34%
Cap Rate
0.81
DSCR
$4,422
Rent
-$766
Cashflow
Cash Flow
$4,422 income − $5,188 expenses = $766 out of pocket
Investment Breakdown
|
Purchase Price
$575k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$139k
Downpayment
20%
$115k
Closing costs
1%
$5,753
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,422
Total Expenses
$5,188
Mortgage P&I
71%
$3,147
Property Taxes
6%
$274
Home Insurance
5%
$203
HOA
1%
$60
Property Management
12%
$531
CapEx
4%
$177
Vacancy
3%
$133
Maintenance
4%
$177
Other
11%
$486