This property looks like a bad Mid-Term investment with a projected -10.48% first-year return on $151k initial cash invested.
-10.48%
Cash On Cash
4.39%
Cap Rate
0.67
DSCR
$4,506
Rent
-$1,323
Cashflow
Cash Flow
$4,506 income − $5,829 expenses = $1,323 out of pocket
Investment Breakdown
|
Purchase Price
$636k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$151k
Downpayment
20%
$127k
Closing costs
1%
$6,355
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,506
Total Expenses
$5,829
Mortgage P&I
77%
$3,468
Property Taxes
10%
$431
Home Insurance
5%
$228
HOA
4%
$170
Property Management
12%
$541
CapEx
4%
$180
Vacancy
3%
$135
Maintenance
4%
$180
Other
11%
$496