This property looks like a bad Mid-Term investment with a projected -9.09% first-year return on $135k initial cash invested.
-9.09%
Cash On Cash
4.73%
Cap Rate
0.73
DSCR
$4,947
Rent
-$1,023
Cashflow
Cash Flow
$4,947 income − $5,970 expenses = $1,023 out of pocket
Investment Breakdown
|
Purchase Price
$558k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$135k
Downpayment
20%
$112k
Closing costs
1%
$5,577
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,947
Total Expenses
$5,970
Mortgage P&I
61%
$3,024
Property Taxes
22%
$1,072
Home Insurance
4%
$192
HOA
0%
$0
Property Management
12%
$594
CapEx
4%
$198
Vacancy
3%
$148
Maintenance
4%
$198
Other
11%
$544