This property looks like a bad Mid-Term investment with a projected -10.07% first-year return on $153k initial cash invested.
-10.07%
Cash On Cash
4.41%
Cap Rate
0.68
DSCR
$4,840
Rent
-$1,286
Cashflow
Cash Flow
$4,840 income − $6,126 expenses = $1,286 out of pocket
Investment Breakdown
|
Purchase Price
$644k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$153k
Downpayment
20%
$129k
Closing costs
1%
$6,437
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,840
Total Expenses
$6,126
Mortgage P&I
71%
$3,457
Property Taxes
16%
$759
Home Insurance
4%
$210
HOA
1%
$54
Property Management
12%
$581
CapEx
4%
$194
Vacancy
3%
$145
Maintenance
4%
$194
Other
11%
$532