This property looks like a bad Mid-Term investment with a projected -9.74% first-year return on $136k initial cash invested.
-9.74%
Cash On Cash
4.09%
Cap Rate
0.67
DSCR
$3,748
Rent
-$1,108
Cashflow
Cash Flow
$3,748 income − $4,856 expenses = $1,108 out of pocket
Investment Breakdown
|
Purchase Price
$564k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$136k
Downpayment
20%
$113k
Closing costs
1%
$5,641
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$3,748
Total Expenses
$4,856
Mortgage P&I
77%
$2,880
Property Taxes
13%
$489
Home Insurance
5%
$198
HOA
0%
$15
Property Management
12%
$450
CapEx
4%
$150
Vacancy
3%
$112
Maintenance
4%
$150
Other
11%
$412