This property looks like a bad Mid-Term investment with a projected -5.98% first-year return on $149k initial cash invested.
-5.98%
Cash On Cash
5.39%
Cap Rate
0.84
DSCR
$5,205
Rent
-$743
Cashflow
Cash Flow
$5,205 income − $5,948 expenses = $743 out of pocket
Investment Breakdown
|
Purchase Price
$625k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$149k
Downpayment
20%
$125k
Closing costs
1%
$6,248
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$5,205
Total Expenses
$5,948
Mortgage P&I
64%
$3,340
Property Taxes
12%
$618
Home Insurance
4%
$220
HOA
0%
$0
Property Management
12%
$625
CapEx
4%
$208
Vacancy
3%
$156
Maintenance
4%
$208
Other
11%
$573