This property looks like a bad Mid-Term investment with a projected -10.77% first-year return on $154k initial cash invested.
-10.77%
Cash On Cash
4.47%
Cap Rate
0.66
DSCR
$3,872
Rent
-$1,387
Cashflow
Cash Flow
$3,872 income − $5,259 expenses = $1,387 out of pocket
Investment Breakdown
|
Purchase Price
$650k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$154k
Downpayment
20%
$130k
Closing costs
1%
$6,499
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$3,872
Total Expenses
$5,259
Mortgage P&I
94%
$3,654
Property Taxes
2%
$60
Home Insurance
6%
$228
HOA
0%
$0
Property Management
12%
$465
CapEx
4%
$155
Vacancy
3%
$116
Maintenance
4%
$155
Other
11%
$426