This property looks like a bad Mid-Term investment with a projected -10.16% first-year return on $149k initial cash invested.
-10.16%
Cash On Cash
4.49%
Cap Rate
0.68
DSCR
$4,506
Rent
-$1,264
Cashflow
Cash Flow
$4,506 income − $5,770 expenses = $1,264 out of pocket
Investment Breakdown
|
Purchase Price
$625k
Downpayment
20.0%
Interest Rate
7.3%
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
$4,506
Total Expenses
$5,770
Mortgage P&I
76%
$3,425
Property Taxes
13%
$594
Home Insurance
5%
$219
HOA
0%
$0
Property Management
12%
$541
CapEx
4%
$180
Vacancy
3%
$135
Maintenance
4%
$180
Other
11%
$496