This property looks like a bad Mid-Term investment with a projected -11.36% first-year return on $150k initial cash invested.
-11.36%
Cash On Cash
3.99%
Cap Rate
0.62
DSCR
$3,508
Rent
-$1,419
Cashflow
Cash Flow
$3,508 income − $4,927 expenses = $1,419 out of pocket
Investment Breakdown
|
Purchase Price
$628k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$150k
Downpayment
20%
$126k
Closing costs
1%
$6,278
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$3,508
Total Expenses
$4,927
Mortgage P&I
96%
$3,364
Property Taxes
3%
$117
Home Insurance
6%
$224
HOA
1%
$30
Property Management
12%
$421
CapEx
4%
$140
Vacancy
3%
$105
Maintenance
4%
$140
Other
11%
$386