This property looks like a bad Mid-Term investment with a projected -7.22% first-year return on $135k initial cash invested.
-7.22%
Cash On Cash
5.07%
Cap Rate
0.78
DSCR
$4,038
Rent
-$810
Cashflow
Cash Flow
$4,038 income − $4,848 expenses = $810 out of pocket
Investment Breakdown
|
Purchase Price
$555k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$135k
Downpayment
20%
$111k
Closing costs
1%
$5,553
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,038
Total Expenses
$4,848
Mortgage P&I
74%
$2,992
Property Taxes
6%
$254
Home Insurance
5%
$198
HOA
1%
$30
Property Management
12%
$485
CapEx
4%
$162
Vacancy
3%
$121
Maintenance
4%
$162
Other
11%
$444