This property looks like a bad Mid-Term investment with a projected -14.49% first-year return on $150k initial cash invested.
-14.49%
Cash On Cash
3.39%
Cap Rate
0.51
DSCR
$3,188
Rent
-$1,814
Cashflow
Cash Flow
$3,188 income − $5,002 expenses = $1,814 out of pocket
Investment Breakdown
|
Purchase Price
$630k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$150k
Downpayment
20%
$126k
Closing costs
1%
$6,299
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$3,188
Total Expenses
$5,002
Mortgage P&I
109%
$3,465
Property Taxes
7%
$231
Home Insurance
7%
$220
HOA
0%
$0
Property Management
12%
$383
CapEx
4%
$128
Vacancy
3%
$96
Maintenance
4%
$128
Other
11%
$351