This property looks like a bad Mid-Term investment with a projected -7.71% first-year return on $154k initial cash invested.
-7.71%
Cash On Cash
4.74%
Cap Rate
0.76
DSCR
$4,455
Rent
-$991
Cashflow
Cash Flow
$4,455 income − $5,446 expenses = $991 out of pocket
Investment Breakdown
|
Purchase Price
$649k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$154k
Downpayment
20%
$130k
Closing costs
1%
$6,486
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,455
Total Expenses
$5,446
Mortgage P&I
76%
$3,375
Property Taxes
7%
$327
Home Insurance
5%
$229
HOA
0%
$0
Property Management
12%
$535
CapEx
4%
$178
Vacancy
3%
$134
Maintenance
4%
$178
Other
11%
$490