This property looks like a bad Mid-Term investment with a projected -9.96% first-year return on $150k initial cash invested.
-9.96%
Cash On Cash
4.33%
Cap Rate
0.68
DSCR
$4,479
Rent
-$1,241
Cashflow
Cash Flow
$4,479 income − $5,720 expenses = $1,241 out of pocket
Investment Breakdown
|
Purchase Price
$627k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$150k
Downpayment
20%
$125k
Closing costs
1%
$6,265
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,479
Total Expenses
$5,720
Mortgage P&I
74%
$3,325
Property Taxes
14%
$633
Home Insurance
5%
$215
HOA
1%
$25
Property Management
12%
$537
CapEx
4%
$179
Vacancy
3%
$134
Maintenance
4%
$179
Other
11%
$493