This property looks like a bad Mid-Term investment with a projected -7.87% first-year return on $138k initial cash invested.
-7.87%
Cash On Cash
5.07%
Cap Rate
0.76
DSCR
$4,058
Rent
-$907
Cashflow
Cash Flow
$4,058 income − $4,965 expenses = $907 out of pocket
Investment Breakdown
|
Purchase Price
$573k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$138k
Downpayment
20%
$115k
Closing costs
1%
$5,729
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,058
Total Expenses
$4,965
Mortgage P&I
78%
$3,166
Property Taxes
4%
$167
Home Insurance
5%
$206
HOA
1%
$47
Property Management
12%
$487
CapEx
4%
$162
Vacancy
3%
$122
Maintenance
4%
$162
Other
11%
$446