This property looks like a bad Mid-Term investment with a projected -8.86% first-year return on $152k initial cash invested.
-8.86%
Cash On Cash
4.68%
Cap Rate
0.72
DSCR
$4,396
Rent
-$1,123
Cashflow
Cash Flow
$4,396 income − $5,519 expenses = $1,123 out of pocket
Investment Breakdown
|
Purchase Price
$638k
Downpayment
20.0%
Interest Rate
7.1%
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
$4,396
Total Expenses
$5,519
Mortgage P&I
78%
$3,436
Property Taxes
8%
$347
Home Insurance
5%
$240
HOA
0%
$0
Property Management
12%
$528
CapEx
4%
$176
Vacancy
3%
$132
Maintenance
4%
$176
Other
11%
$484