This property looks like a bad Mid-Term investment with a projected -9.23% first-year return on $136k initial cash invested.
-9.23%
Cash On Cash
4.33%
Cap Rate
0.69
DSCR
$3,552
Rent
-$1,044
Cashflow
Cash Flow
$3,552 income − $4,596 expenses = $1,044 out of pocket
Investment Breakdown
|
Purchase Price
$561k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$136k
Downpayment
20%
$112k
Closing costs
1%
$5,609
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$3,552
Total Expenses
$4,596
Mortgage P&I
82%
$2,925
Property Taxes
7%
$239
Home Insurance
6%
$203
HOA
1%
$21
Property Management
12%
$426
CapEx
4%
$142
Vacancy
3%
$107
Maintenance
4%
$142
Other
11%
$391