This property looks like a bad Mid-Term investment with a projected -9.96% first-year return on $149k initial cash invested.
-9.96%
Cash On Cash
4.67%
Cap Rate
0.7
DSCR
$4,431
Rent
-$1,239
Cashflow
Cash Flow
$4,431 income − $5,670 expenses = $1,239 out of pocket
Investment Breakdown
|
Purchase Price
$625k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$149k
Downpayment
20%
$125k
Closing costs
1%
$6,250
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,431
Total Expenses
$5,670
Mortgage P&I
79%
$3,496
Property Taxes
10%
$449
Home Insurance
5%
$219
HOA
0%
$0
Property Management
12%
$532
CapEx
4%
$177
Vacancy
3%
$133
Maintenance
4%
$177
Other
11%
$487