This property looks like a bad Mid-Term investment with a projected -0.36% first-year return on $135k initial cash invested.
-0.36%
Cash On Cash
6.78%
Cap Rate
1.06
DSCR
$5,336
Rent
-$41
Cashflow
Cash Flow
$5,336 income − $5,377 expenses = $41 out of pocket
Investment Breakdown
|
Purchase Price
$558k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$135k
Downpayment
20%
$112k
Closing costs
1%
$5,584
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$5,336
Total Expenses
$5,377
Mortgage P&I
56%
$2,985
Property Taxes
7%
$378
Home Insurance
4%
$201
HOA
0%
$0
Property Management
12%
$640
CapEx
4%
$213
Vacancy
3%
$160
Maintenance
4%
$213
Other
11%
$587