This property looks like a bad Mid-Term investment with a projected -9.19% first-year return on $155k initial cash invested.
-9.19%
Cash On Cash
4.75%
Cap Rate
0.72
DSCR
$4,952
Rent
-$1,184
Cashflow
Cash Flow
$4,952 income − $6,136 expenses = $1,184 out of pocket
Investment Breakdown
|
Purchase Price
$650k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$155k
Downpayment
20%
$130k
Closing costs
1%
$6,503
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,952
Total Expenses
$6,136
Mortgage P&I
72%
$3,558
Property Taxes
13%
$634
Home Insurance
5%
$228
HOA
1%
$32
Property Management
12%
$594
CapEx
4%
$198
Vacancy
3%
$149
Maintenance
4%
$198
Other
11%
$545