This property looks like a bad Mid-Term investment with a projected -8.04% first-year return on $149k initial cash invested.
-8.04%
Cash On Cash
5.16%
Cap Rate
0.77
DSCR
$5,298
Rent
-$1,000
Cashflow
Cash Flow
$5,298 income − $6,298 expenses = $1,000 out of pocket
Investment Breakdown
|
Purchase Price
$625k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$149k
Downpayment
20%
$125k
Closing costs
1%
$6,248
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$5,298
Total Expenses
$6,298
Mortgage P&I
66%
$3,474
Property Taxes
15%
$798
Home Insurance
4%
$224
HOA
0%
$0
Property Management
12%
$636
CapEx
4%
$212
Vacancy
3%
$159
Maintenance
4%
$212
Other
11%
$583