This property looks like a bad Mid-Term investment with a projected -11.2% first-year return on $139k initial cash invested.
-11.2%
Cash On Cash
4.03%
Cap Rate
0.63
DSCR
$4,116
Rent
-$1,298
Cashflow
Cash Flow
$4,116 income − $5,414 expenses = $1,298 out of pocket
Investment Breakdown
|
Purchase Price
$577k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$139k
Downpayment
20%
$115k
Closing costs
1%
$5,766
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,116
Total Expenses
$5,414
Mortgage P&I
75%
$3,069
Property Taxes
18%
$747
Home Insurance
5%
$198
HOA
0%
$0
Property Management
12%
$494
CapEx
4%
$165
Vacancy
3%
$123
Maintenance
4%
$165
Other
11%
$453