This property looks like a bad Mid-Term investment with a projected -7.47% first-year return on $155k initial cash invested.
-7.47%
Cash On Cash
4.66%
Cap Rate
0.77
DSCR
$4,966
Rent
-$964
Cashflow
Cash Flow
$4,966 income − $5,930 expenses = $964 out of pocket
Investment Breakdown
|
Purchase Price
$652k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$155k
Downpayment
20%
$130k
Closing costs
1%
$6,519
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,966
Total Expenses
$5,930
Mortgage P&I
66%
$3,297
Property Taxes
10%
$503
Home Insurance
5%
$248
HOA
4%
$193
Property Management
12%
$596
CapEx
4%
$199
Vacancy
3%
$149
Maintenance
4%
$199
Other
11%
$546