This property looks like a bad Mid-Term investment with a projected -4.94% first-year return on $149k initial cash invested.
-4.94%
Cash On Cash
5.33%
Cap Rate
0.88
DSCR
$5,742
Rent
-$615
Cashflow
Cash Flow
$5,742 income − $6,357 expenses = $615 out of pocket
Investment Breakdown
|
Purchase Price
$625k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$149k
Downpayment
20%
$125k
Closing costs
1%
$6,250
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$5,742
Total Expenses
$6,357
Mortgage P&I
55%
$3,159
Property Taxes
18%
$1,026
Home Insurance
4%
$219
HOA
0%
$0
Property Management
12%
$689
CapEx
4%
$230
Vacancy
3%
$172
Maintenance
4%
$230
Other
11%
$632