This property looks like a bad Mid-Term investment with a projected -13.49% first-year return on $152k initial cash invested.
-13.49%
Cash On Cash
3.66%
Cap Rate
0.56
DSCR
$3,734
Rent
-$1,703
Cashflow
Cash Flow
$3,734 income − $5,437 expenses = $1,703 out of pocket
Investment Breakdown
|
Purchase Price
$636k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$152k
Downpayment
20%
$127k
Closing costs
1%
$6,358
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$3,734
Total Expenses
$5,437
Mortgage P&I
94%
$3,494
Property Taxes
12%
$441
Home Insurance
6%
$233
HOA
0%
$0
Property Management
12%
$448
CapEx
4%
$149
Vacancy
3%
$112
Maintenance
4%
$149
Other
11%
$411