This property looks like a bad Mid-Term investment with a projected -9.67% first-year return on $135k initial cash invested.
-9.67%
Cash On Cash
4.67%
Cap Rate
0.7
DSCR
$4,440
Rent
-$1,089
Cashflow
Cash Flow
$4,440 income − $5,529 expenses = $1,089 out of pocket
Investment Breakdown
|
Purchase Price
$558k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$135k
Downpayment
20%
$112k
Closing costs
1%
$5,580
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,440
Total Expenses
$5,529
Mortgage P&I
69%
$3,083
Property Taxes
11%
$481
Home Insurance
10%
$455
HOA
0%
$0
Property Management
12%
$533
CapEx
4%
$178
Vacancy
3%
$133
Maintenance
4%
$178
Other
11%
$488