This property looks like a bad Mid-Term investment with a projected -0.89% first-year return on $135k initial cash invested.
-0.89%
Cash On Cash
6.36%
Cap Rate
1.05
DSCR
$5,756
Rent
-$100
Cashflow
Cash Flow
$5,756 income − $5,856 expenses = $100 out of pocket
Investment Breakdown
|
Purchase Price
$556k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$135k
Downpayment
20%
$111k
Closing costs
1%
$5,560
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$5,756
Total Expenses
$5,856
Mortgage P&I
49%
$2,815
Property Taxes
16%
$902
Home Insurance
3%
$182
HOA
0%
$0
Property Management
12%
$691
CapEx
4%
$230
Vacancy
3%
$173
Maintenance
4%
$230
Other
11%
$633