This property looks like a bad Mid-Term investment with a projected -0.74% first-year return on $135k initial cash invested.
-0.74%
Cash On Cash
6.82%
Cap Rate
1.05
DSCR
$5,517
Rent
-$83
Cashflow
Cash Flow
$5,517 income − $5,600 expenses = $83 out of pocket
Investment Breakdown
|
Purchase Price
$558k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$135k
Downpayment
20%
$112k
Closing costs
1%
$5,580
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$5,517
Total Expenses
$5,600
Mortgage P&I
55%
$3,033
Property Taxes
9%
$480
Home Insurance
4%
$210
HOA
0%
$0
Property Management
12%
$662
CapEx
4%
$221
Vacancy
3%
$166
Maintenance
4%
$221
Other
11%
$607