This property looks like a bad Mid-Term investment with a projected -7.87% first-year return on $137k initial cash invested.
-7.87%
Cash On Cash
5.01%
Cap Rate
0.77
DSCR
$4,358
Rent
-$896
Cashflow
Cash Flow
$4,358 income − $5,254 expenses = $896 out of pocket
Investment Breakdown
|
Purchase Price
$565k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$137k
Downpayment
20%
$113k
Closing costs
1%
$5,650
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,358
Total Expenses
$5,254
Mortgage P&I
71%
$3,083
Property Taxes
11%
$492
Home Insurance
5%
$198
HOA
0%
$0
Property Management
12%
$523
CapEx
4%
$174
Vacancy
3%
$131
Maintenance
4%
$174
Other
11%
$479