This property looks like a bad Mid-Term investment with a projected -9.91% first-year return on $136k initial cash invested.
-9.91%
Cash On Cash
4.76%
Cap Rate
0.71
DSCR
$4,862
Rent
-$1,122
Cashflow
Cash Flow
$4,862 income − $5,984 expenses = $1,122 out of pocket
Investment Breakdown
|
Purchase Price
$561k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$136k
Downpayment
20%
$112k
Closing costs
1%
$5,610
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,862
Total Expenses
$5,984
Mortgage P&I
65%
$3,155
Property Taxes
20%
$981
Home Insurance
4%
$196
HOA
0%
$0
Property Management
12%
$583
CapEx
4%
$194
Vacancy
3%
$146
Maintenance
4%
$194
Other
11%
$535