This property looks like a bad Mid-Term investment with a projected -11.12% first-year return on $136k initial cash invested.
-11.12%
Cash On Cash
4.49%
Cap Rate
0.66
DSCR
$4,017
Rent
-$1,260
Cashflow
Cash Flow
$4,017 income − $5,277 expenses = $1,260 out of pocket
Investment Breakdown
|
Purchase Price
$562k
Downpayment
20.0%
Interest Rate
7.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$136k
Downpayment
20%
$112k
Closing costs
1%
$5,620
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,017
Total Expenses
$5,277
Mortgage P&I
80%
$3,202
Property Taxes
13%
$505
Home Insurance
5%
$203
HOA
0%
$0
Property Management
12%
$482
CapEx
4%
$161
Vacancy
3%
$121
Maintenance
4%
$161
Other
11%
$442