This property looks like a bad Mid-Term investment with a projected -12.32% first-year return on $150k initial cash invested.
-12.32%
Cash On Cash
3.9%
Cap Rate
0.6
DSCR
$4,077
Rent
-$1,543
Cashflow
Cash Flow
$4,077 income − $5,620 expenses = $1,543 out of pocket
Investment Breakdown
|
Purchase Price
$630k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$150k
Downpayment
20%
$126k
Closing costs
1%
$6,299
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,077
Total Expenses
$5,620
Mortgage P&I
84%
$3,427
Property Taxes
14%
$588
Home Insurance
5%
$220
HOA
0%
$0
Property Management
12%
$489
CapEx
4%
$163
Vacancy
3%
$122
Maintenance
4%
$163
Other
11%
$448