This property looks like a bad Mid-Term investment with a projected -3.78% first-year return on $150k initial cash invested.
-3.78%
Cash On Cash
5.61%
Cap Rate
0.92
DSCR
$5,390
Rent
-$474
Cashflow
Cash Flow
$5,390 income − $5,864 expenses = $474 out of pocket
Investment Breakdown
|
Purchase Price
$630k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$150k
Downpayment
20%
$126k
Closing costs
1%
$6,301
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$5,390
Total Expenses
$5,864
Mortgage P&I
59%
$3,204
Property Taxes
11%
$606
Home Insurance
4%
$220
HOA
0%
$0
Property Management
12%
$647
CapEx
4%
$216
Vacancy
3%
$162
Maintenance
4%
$216
Other
11%
$593