This property looks like a bad Mid-Term investment with a projected -11.29% first-year return on $139k initial cash invested.
-11.29%
Cash On Cash
4.51%
Cap Rate
0.65
DSCR
$3,766
Rent
-$1,305
Cashflow
Cash Flow
$3,766 income − $5,071 expenses = $1,305 out of pocket
Investment Breakdown
|
Purchase Price
$575k
Downpayment
20.0%
Interest Rate
7.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$139k
Downpayment
20%
$115k
Closing costs
1%
$5,750
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$3,766
Total Expenses
$5,071
Mortgage P&I
88%
$3,313
Property Taxes
7%
$276
Home Insurance
5%
$201
HOA
0%
$0
Property Management
12%
$452
CapEx
4%
$151
Vacancy
3%
$113
Maintenance
4%
$151
Other
11%
$414