This property looks like a bad Mid-Term investment with a projected -4.94% first-year return on $151k initial cash invested.
-4.94%
Cash On Cash
5.62%
Cap Rate
0.88
DSCR
$5,658
Rent
-$622
Cashflow
Cash Flow
$5,658 income − $6,280 expenses = $622 out of pocket
Investment Breakdown
|
Purchase Price
$634k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$151k
Downpayment
20%
$127k
Closing costs
1%
$6,336
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$5,658
Total Expenses
$6,280
Mortgage P&I
59%
$3,366
Property Taxes
14%
$788
Home Insurance
4%
$203
HOA
0%
$0
Property Management
12%
$679
CapEx
4%
$226
Vacancy
3%
$170
Maintenance
4%
$226
Other
11%
$622