This property looks like a bad Mid-Term investment with a projected -6.83% first-year return on $136k initial cash invested.
-6.83%
Cash On Cash
5.28%
Cap Rate
0.81
DSCR
$4,636
Rent
-$772
Cashflow
Cash Flow
$4,636 income − $5,408 expenses = $772 out of pocket
Investment Breakdown
|
Purchase Price
$560k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$136k
Downpayment
20%
$112k
Closing costs
1%
$5,598
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,636
Total Expenses
$5,408
Mortgage P&I
66%
$3,052
Property Taxes
12%
$546
Home Insurance
4%
$198
HOA
1%
$37
Property Management
12%
$556
CapEx
4%
$185
Vacancy
3%
$139
Maintenance
4%
$185
Other
11%
$510