This property looks like a bad Mid-Term investment with a projected -8.28% first-year return on $149k initial cash invested.
-8.28%
Cash On Cash
4.51%
Cap Rate
0.73
DSCR
$4,238
Rent
-$1,030
Cashflow
Cash Flow
$4,238 income − $5,268 expenses = $1,030 out of pocket
Investment Breakdown
|
Purchase Price
$625k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$149k
Downpayment
20%
$125k
Closing costs
1%
$6,249
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,238
Total Expenses
$5,268
Mortgage P&I
76%
$3,211
Property Taxes
9%
$396
Home Insurance
5%
$219
HOA
0%
$0
Property Management
12%
$509
CapEx
4%
$170
Vacancy
3%
$127
Maintenance
4%
$170
Other
11%
$466