This property looks like a bad Mid-Term investment with a projected -10.43% first-year return on $136k initial cash invested.
-10.43%
Cash On Cash
4.5%
Cap Rate
0.68
DSCR
$4,354
Rent
-$1,179
Cashflow
Cash Flow
$4,354 income − $5,533 expenses = $1,179 out of pocket
Investment Breakdown
|
Purchase Price
$561k
Downpayment
20.0%
Interest Rate
7.4%
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
$4,354
Total Expenses
$5,533
Mortgage P&I
71%
$3,109
Property Taxes
17%
$755
Home Insurance
4%
$189
HOA
0%
$0
Property Management
12%
$522
CapEx
4%
$174
Vacancy
3%
$131
Maintenance
4%
$174
Other
11%
$479