This property looks like a bad Mid-Term investment with a projected -6.86% first-year return on $147k initial cash invested.
-6.86%
Cash On Cash
5.19%
Cap Rate
0.8
DSCR
$4,694
Rent
-$842
Cashflow
Cash Flow
$4,694 income − $5,536 expenses = $842 out of pocket
Investment Breakdown
|
Purchase Price
$616k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$147k
Downpayment
20%
$123k
Closing costs
1%
$6,161
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,694
Total Expenses
$5,536
Mortgage P&I
71%
$3,321
Property Taxes
10%
$453
Home Insurance
4%
$166
HOA
0%
$0
Property Management
12%
$563
CapEx
4%
$188
Vacancy
3%
$141
Maintenance
4%
$188
Other
11%
$516