This property looks like a bad Mid-Term investment with a projected -11.61% first-year return on $149k initial cash invested.
-11.61%
Cash On Cash
3.95%
Cap Rate
0.62
DSCR
$3,966
Rent
-$1,445
Cashflow
Cash Flow
$3,966 income − $5,411 expenses = $1,445 out of pocket
Investment Breakdown
|
Purchase Price
$625k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$149k
Downpayment
20%
$125k
Closing costs
1%
$6,254
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$3,966
Total Expenses
$5,411
Mortgage P&I
84%
$3,347
Property Taxes
12%
$470
Home Insurance
6%
$245
HOA
0%
$0
Property Management
12%
$476
CapEx
4%
$159
Vacancy
3%
$119
Maintenance
4%
$159
Other
11%
$436