This property looks like a bad Mid-Term investment with a projected -10.59% first-year return on $147k initial cash invested.
-10.59%
Cash On Cash
4.06%
Cap Rate
0.65
DSCR
$4,052
Rent
-$1,295
Cashflow
Cash Flow
$4,052 income − $5,347 expenses = $1,295 out of pocket
Investment Breakdown
|
Purchase Price
$613k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$147k
Downpayment
20%
$123k
Closing costs
1%
$6,133
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,052
Total Expenses
$5,347
Mortgage P&I
79%
$3,207
Property Taxes
13%
$545
Home Insurance
5%
$217
HOA
0%
$0
Property Management
12%
$486
CapEx
4%
$162
Vacancy
3%
$122
Maintenance
4%
$162
Other
11%
$446