This property looks like a bad Mid-Term investment with a projected -4.32% first-year return on $149k initial cash invested.
-4.32%
Cash On Cash
5.53%
Cap Rate
0.9
DSCR
$5,110
Rent
-$536
Cashflow
Cash Flow
$5,110 income − $5,646 expenses = $536 out of pocket
Investment Breakdown
|
Purchase Price
$623k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$149k
Downpayment
20%
$125k
Closing costs
1%
$6,228
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$5,110
Total Expenses
$5,646
Mortgage P&I
63%
$3,202
Property Taxes
9%
$481
Home Insurance
4%
$227
HOA
0%
$0
Property Management
12%
$613
CapEx
4%
$204
Vacancy
3%
$153
Maintenance
4%
$204
Other
11%
$562