This property looks like a bad Mid-Term investment with a projected -6.14% first-year return on $154k initial cash invested.
-6.14%
Cash On Cash
4.99%
Cap Rate
0.82
DSCR
$4,926
Rent
-$790
Cashflow
Cash Flow
$4,926 income − $5,716 expenses = $790 out of pocket
Investment Breakdown
|
Purchase Price
$649k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$154k
Downpayment
20%
$130k
Closing costs
1%
$6,490
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,926
Total Expenses
$5,716
Mortgage P&I
67%
$3,294
Property Taxes
11%
$520
Home Insurance
5%
$227
HOA
0%
$0
Property Management
12%
$591
CapEx
4%
$197
Vacancy
3%
$148
Maintenance
4%
$197
Other
11%
$542