This property looks like a bad Mid-Term investment with a projected -13.3% first-year return on $154k initial cash invested.
-13.3%
Cash On Cash
3.19%
Cap Rate
0.52
DSCR
$3,374
Rent
-$1,710
Cashflow
Cash Flow
$3,374 income − $5,084 expenses = $1,710 out of pocket
Investment Breakdown
|
Purchase Price
$649k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$154k
Downpayment
20%
$130k
Closing costs
1%
$6,490
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$3,374
Total Expenses
$5,084
Mortgage P&I
98%
$3,298
Property Taxes
11%
$382
Home Insurance
7%
$227
HOA
1%
$30
Property Management
12%
$405
CapEx
4%
$135
Vacancy
3%
$101
Maintenance
4%
$135
Other
11%
$371