This property looks like a bad Mid-Term investment with a projected -6.9% first-year return on $152k initial cash invested.
-6.9%
Cash On Cash
5.22%
Cap Rate
0.81
DSCR
$5,462
Rent
-$873
Cashflow
Cash Flow
$5,462 income − $6,335 expenses = $873 out of pocket
Investment Breakdown
|
Purchase Price
$637k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$152k
Downpayment
20%
$127k
Closing costs
1%
$6,374
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$5,462
Total Expenses
$6,335
Mortgage P&I
63%
$3,426
Property Taxes
15%
$827
Home Insurance
4%
$226
HOA
0%
$0
Property Management
12%
$655
CapEx
4%
$218
Vacancy
3%
$164
Maintenance
4%
$218
Other
11%
$601