This property looks like a bad Mid-Term investment with a projected -6.74% first-year return on $135k initial cash invested.
-6.74%
Cash On Cash
5.36%
Cap Rate
0.81
DSCR
$4,587
Rent
-$760
Cashflow
Cash Flow
$4,587 income − $5,347 expenses = $760 out of pocket
Investment Breakdown
|
Purchase Price
$559k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$135k
Downpayment
20%
$112k
Closing costs
1%
$5,586
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,587
Total Expenses
$5,347
Mortgage P&I
67%
$3,071
Property Taxes
11%
$483
Home Insurance
4%
$192
HOA
1%
$42
Property Management
12%
$550
CapEx
4%
$183
Vacancy
3%
$138
Maintenance
4%
$183
Other
11%
$505