This property looks like a bad Mid-Term investment with a projected -5.96% first-year return on $136k initial cash invested.
-5.96%
Cash On Cash
5.58%
Cap Rate
0.84
DSCR
$4,767
Rent
-$677
Cashflow
Cash Flow
$4,767 income − $5,444 expenses = $677 out of pocket
Investment Breakdown
|
Purchase Price
$563k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$136k
Downpayment
20%
$113k
Closing costs
1%
$5,629
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,767
Total Expenses
$5,444
Mortgage P&I
65%
$3,103
Property Taxes
11%
$515
Home Insurance
4%
$205
HOA
0%
$0
Property Management
12%
$572
CapEx
4%
$191
Vacancy
3%
$143
Maintenance
4%
$191
Other
11%
$524