This property looks like a bad Mid-Term investment with a projected -7.56% first-year return on $136k initial cash invested.
-7.56%
Cash On Cash
5.09%
Cap Rate
0.78
DSCR
$4,376
Rent
-$855
Cashflow
Cash Flow
$4,376 income − $5,231 expenses = $855 out of pocket
Investment Breakdown
|
Purchase Price
$561k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$136k
Downpayment
20%
$112k
Closing costs
1%
$5,605
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,376
Total Expenses
$5,231
Mortgage P&I
70%
$3,056
Property Taxes
11%
$496
Home Insurance
4%
$192
HOA
0%
$0
Property Management
12%
$525
CapEx
4%
$175
Vacancy
3%
$131
Maintenance
4%
$175
Other
11%
$481