This property looks like a bad Mid-Term investment with a projected -10.69% first-year return on $152k initial cash invested.
-10.69%
Cash On Cash
4.31%
Cap Rate
0.66
DSCR
$4,017
Rent
-$1,355
Cashflow
Cash Flow
$4,017 income − $5,372 expenses = $1,355 out of pocket
Investment Breakdown
|
Purchase Price
$638k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$152k
Downpayment
20%
$128k
Closing costs
1%
$6,384
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,017
Total Expenses
$5,372
Mortgage P&I
87%
$3,489
Property Taxes
7%
$292
Home Insurance
6%
$224
HOA
0%
$0
Property Management
12%
$482
CapEx
4%
$161
Vacancy
3%
$121
Maintenance
4%
$161
Other
11%
$442