This property looks like a bad Mid-Term investment with a projected -8.93% first-year return on $139k initial cash invested.
-8.93%
Cash On Cash
4.67%
Cap Rate
0.72
DSCR
$4,234
Rent
-$1,032
Cashflow
Cash Flow
$4,234 income − $5,266 expenses = $1,032 out of pocket
Investment Breakdown
|
Purchase Price
$574k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$139k
Downpayment
20%
$115k
Closing costs
1%
$5,744
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,234
Total Expenses
$5,266
Mortgage P&I
73%
$3,096
Property Taxes
12%
$525
Home Insurance
5%
$206
HOA
0%
$0
Property Management
12%
$508
CapEx
4%
$169
Vacancy
3%
$127
Maintenance
4%
$169
Other
11%
$466