This property looks like a bad Mid-Term investment with a projected -9.44% first-year return on $136k initial cash invested.
-9.44%
Cash On Cash
4.73%
Cap Rate
0.71
DSCR
$3,873
Rent
-$1,069
Cashflow
Cash Flow
$3,873 income − $4,942 expenses = $1,069 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%
$5,612
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$3,873
Total Expenses
$4,942
Mortgage P&I
81%
$3,126
Property Taxes
9%
$333
Home Insurance
4%
$166
HOA
0%
$0
Property Management
12%
$465
CapEx
4%
$155
Vacancy
3%
$116
Maintenance
4%
$155
Other
11%
$426