This property looks like a bad Mid-Term investment with a projected -4.52% first-year return on $143k initial cash invested.
-4.52%
Cash On Cash
5.72%
Cap Rate
0.9
DSCR
$5,314
Rent
-$538
Cashflow
Cash Flow
$5,314 income − $5,852 expenses = $538 out of pocket
Investment Breakdown
|
Purchase Price
$595k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$143k
Downpayment
20%
$119k
Closing costs
1%
$5,946
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$5,314
Total Expenses
$5,852
Mortgage P&I
59%
$3,161
Property Taxes
13%
$673
Home Insurance
4%
$210
HOA
0%
$0
Property Management
12%
$638
CapEx
4%
$213
Vacancy
3%
$159
Maintenance
4%
$213
Other
11%
$585