This property looks like a bad Mid-Term investment with a projected -10.19% first-year return on $149k initial cash invested.
-10.19%
Cash On Cash
4.35%
Cap Rate
0.67
DSCR
$4,221
Rent
-$1,267
Cashflow
Cash Flow
$4,221 income − $5,488 expenses = $1,267 out of pocket
Investment Breakdown
|
Purchase Price
$625k
Downpayment
20.0%
Interest Rate
7.1%
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
$4,221
Total Expenses
$5,488
Mortgage P&I
80%
$3,366
Property Taxes
11%
$467
Home Insurance
5%
$219
HOA
0%
$0
Property Management
12%
$507
CapEx
4%
$169
Vacancy
3%
$127
Maintenance
4%
$169
Other
11%
$464