This property looks like a bad Mid-Term investment with a projected -5.84% first-year return on $136k initial cash invested.
-5.84%
Cash On Cash
5.48%
Cap Rate
0.84
DSCR
$4,680
Rent
-$659
Cashflow
Cash Flow
$4,680 income − $5,339 expenses = $659 out of pocket
Investment Breakdown
|
Purchase Price
$560k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$136k
Downpayment
20%
$112k
Closing costs
1%
$5,596
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,680
Total Expenses
$5,339
Mortgage P&I
65%
$3,029
Property Taxes
11%
$523
Home Insurance
4%
$196
HOA
0%
$0
Property Management
12%
$562
CapEx
4%
$187
Vacancy
3%
$140
Maintenance
4%
$187
Other
11%
$515