This property looks like a bad Mid-Term investment with a projected -10.69% first-year return on $149k initial cash invested.
-10.69%
Cash On Cash
4.36%
Cap Rate
0.66
DSCR
$4,497
Rent
-$1,331
Cashflow
Cash Flow
$4,497 income − $5,828 expenses = $1,331 out of pocket
Investment Breakdown
|
Purchase Price
$626k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$149k
Downpayment
20%
$125k
Closing costs
1%
$6,257
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,497
Total Expenses
$5,828
Mortgage P&I
76%
$3,425
Property Taxes
8%
$359
Home Insurance
5%
$220
HOA
7%
$294
Property Management
12%
$540
CapEx
4%
$180
Vacancy
3%
$135
Maintenance
4%
$180
Other
11%
$495