This property looks like a bad Mid-Term investment with a projected -10.88% first-year return on $136k initial cash invested.
-10.88%
Cash On Cash
4.16%
Cap Rate
0.65
DSCR
$4,098
Rent
-$1,230
Cashflow
Cash Flow
$4,098 income − $5,328 expenses = $1,230 out of pocket
Investment Breakdown
|
Purchase Price
$561k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$136k
Downpayment
20%
$112k
Closing costs
1%
$5,605
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,098
Total Expenses
$5,328
Mortgage P&I
73%
$3,008
Property Taxes
15%
$630
Home Insurance
6%
$229
HOA
2%
$67
Property Management
12%
$492
CapEx
4%
$164
Vacancy
3%
$123
Maintenance
4%
$164
Other
11%
$451