This property looks like a bad Mid-Term investment with a projected -10.39% first-year return on $152k initial cash invested.
-10.39%
Cash On Cash
4.33%
Cap Rate
0.67
DSCR
$4,170
Rent
-$1,313
Cashflow
Cash Flow
$4,170 income − $5,483 expenses = $1,313 out of pocket
Investment Breakdown
|
Purchase Price
$636k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$152k
Downpayment
20%
$127k
Closing costs
1%
$6,362
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,170
Total Expenses
$5,483
Mortgage P&I
83%
$3,443
Property Taxes
9%
$394
Home Insurance
5%
$228
HOA
0%
$0
Property Management
12%
$500
CapEx
4%
$167
Vacancy
3%
$125
Maintenance
4%
$167
Other
11%
$459