This property looks like a bad Mid-Term investment with a projected -5.99% first-year return on $138k initial cash invested.
-5.99%
Cash On Cash
5.26%
Cap Rate
0.83
DSCR
$4,580
Rent
-$688
Cashflow
Cash Flow
$4,580 income − $5,268 expenses = $688 out of pocket
Investment Breakdown
|
Purchase Price
$571k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$138k
Downpayment
20%
$114k
Closing costs
1%
$5,710
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,580
Total Expenses
$5,268
Mortgage P&I
66%
$3,007
Property Taxes
11%
$503
Home Insurance
4%
$201
HOA
0%
$0
Property Management
12%
$550
CapEx
4%
$183
Vacancy
3%
$137
Maintenance
4%
$183
Other
11%
$504