This property looks like a bad Mid-Term investment with a projected -9.23% first-year return on $139k initial cash invested.
-9.23%
Cash On Cash
4.61%
Cap Rate
0.71
DSCR
$4,251
Rent
-$1,067
Cashflow
Cash Flow
$4,251 income − $5,318 expenses = $1,067 out of pocket
Investment Breakdown
|
Purchase Price
$575k
Downpayment
20.0%
Interest Rate
7.2%
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
$4,251
Total Expenses
$5,318
Mortgage P&I
73%
$3,106
Property Taxes
13%
$565
Home Insurance
5%
$201
HOA
0%
$0
Property Management
12%
$510
CapEx
4%
$170
Vacancy
3%
$128
Maintenance
4%
$170
Other
11%
$468