This property looks like a bad Mid-Term investment with a projected -4.08% first-year return on $152k initial cash invested.
-4.08%
Cash On Cash
5.6%
Cap Rate
0.9
DSCR
$5,060
Rent
-$516
Cashflow
Cash Flow
$5,060 income − $5,576 expenses = $516 out of pocket
Investment Breakdown
|
Purchase Price
$636k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$152k
Downpayment
20%
$127k
Closing costs
1%
$6,364
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$5,060
Total Expenses
$5,576
Mortgage P&I
65%
$3,284
Property Taxes
7%
$344
Home Insurance
5%
$228
HOA
0%
$0
Property Management
12%
$607
CapEx
4%
$202
Vacancy
3%
$152
Maintenance
4%
$202
Other
11%
$557