This property looks like a bad Mid-Term investment with a projected -5.43% first-year return on $152k initial cash invested.
-5.43%
Cash On Cash
5.77%
Cap Rate
0.87
DSCR
$5,930
Rent
-$689
Cashflow
Cash Flow
$5,930 income − $6,619 expenses = $689 out of pocket
Investment Breakdown
|
Purchase Price
$639k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$152k
Downpayment
20%
$128k
Closing costs
1%
$6,390
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$5,930
Total Expenses
$6,619
Mortgage P&I
59%
$3,525
Property Taxes
12%
$691
Home Insurance
4%
$227
HOA
3%
$160
Property Management
12%
$712
CapEx
4%
$237
Vacancy
3%
$178
Maintenance
4%
$237
Other
11%
$652