This property looks like a bad Mid-Term investment with a projected -9.79% first-year return on $152k initial cash invested.
-9.79%
Cash On Cash
4.59%
Cap Rate
0.69
DSCR
$4,154
Rent
-$1,241
Cashflow
Cash Flow
$4,154 income − $5,395 expenses = $1,241 out of pocket
Investment Breakdown
|
Purchase Price
$639k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$152k
Downpayment
20%
$128k
Closing costs
1%
$6,390
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,154
Total Expenses
$5,395
Mortgage P&I
85%
$3,521
Property Taxes
7%
$287
Home Insurance
4%
$175
HOA
0%
$0
Property Management
12%
$498
CapEx
4%
$166
Vacancy
3%
$125
Maintenance
4%
$166
Other
11%
$457