This property looks like a bad Mid-Term investment with a projected -9.58% first-year return on $148k initial cash invested.
-9.58%
Cash On Cash
4.56%
Cap Rate
0.7
DSCR
$4,476
Rent
-$1,182
Cashflow
Cash Flow
$4,476 income − $5,658 expenses = $1,182 out of pocket
Investment Breakdown
|
Purchase Price
$619k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$148k
Downpayment
20%
$124k
Closing costs
1%
$6,190
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,476
Total Expenses
$5,658
Mortgage P&I
75%
$3,357
Property Taxes
13%
$563
Home Insurance
5%
$217
HOA
0%
$0
Property Management
12%
$537
CapEx
4%
$179
Vacancy
3%
$134
Maintenance
4%
$179
Other
11%
$492