This property looks like a bad Mid-Term investment with a projected -10.31% first-year return on $139k initial cash invested.
-10.31%
Cash On Cash
4.22%
Cap Rate
0.66
DSCR
$3,406
Rent
-$1,192
Cashflow
Cash Flow
$3,406 income − $4,598 expenses = $1,192 out of pocket
Investment Breakdown
|
Purchase Price
$575k
Downpayment
20.0%
Interest Rate
7.1%
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
$3,406
Total Expenses
$4,598
Mortgage P&I
90%
$3,079
Property Taxes
5%
$160
Home Insurance
6%
$201
HOA
0%
$0
Property Management
12%
$409
CapEx
4%
$136
Vacancy
3%
$102
Maintenance
4%
$136
Other
11%
$375