This property looks like a bad Mid-Term investment with a projected -9.33% first-year return on $151k initial cash invested.
-9.33%
Cash On Cash
4.86%
Cap Rate
0.73
DSCR
$5,190
Rent
-$1,177
Cashflow
Cash Flow
$5,190 income − $6,367 expenses = $1,177 out of pocket
Investment Breakdown
|
Purchase Price
$636k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$151k
Downpayment
20%
$127k
Closing costs
1%
$6,355
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$5,190
Total Expenses
$6,367
Mortgage P&I
68%
$3,544
Property Taxes
16%
$830
Home Insurance
4%
$227
HOA
0%
$0
Property Management
12%
$623
CapEx
4%
$208
Vacancy
3%
$156
Maintenance
4%
$208
Other
11%
$571