This property looks like a bad Mid-Term investment with a projected -9.57% first-year return on $152k initial cash invested.
-9.57%
Cash On Cash
4.69%
Cap Rate
0.71
DSCR
$4,882
Rent
-$1,212
Cashflow
Cash Flow
$4,882 income − $6,094 expenses = $1,212 out of pocket
Investment Breakdown
|
Purchase Price
$638k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$152k
Downpayment
20%
$128k
Closing costs
1%
$6,383
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,882
Total Expenses
$6,094
Mortgage P&I
72%
$3,512
Property Taxes
13%
$643
Home Insurance
6%
$280
HOA
0%
$0
Property Management
12%
$586
CapEx
4%
$195
Vacancy
3%
$146
Maintenance
4%
$195
Other
11%
$537