This property looks like a bad Mid-Term investment with a projected -7.03% first-year return on $150k initial cash invested.
-7.03%
Cash On Cash
5.12%
Cap Rate
0.8
DSCR
$5,032
Rent
-$880
Cashflow
Cash Flow
$5,032 income − $5,912 expenses = $880 out of pocket
Investment Breakdown
|
Purchase Price
$629k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$150k
Downpayment
20%
$126k
Closing costs
1%
$6,292
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$5,032
Total Expenses
$5,912
Mortgage P&I
67%
$3,363
Property Taxes
12%
$611
Home Insurance
5%
$227
HOA
0%
$0
Property Management
12%
$604
CapEx
4%
$201
Vacancy
3%
$151
Maintenance
4%
$201
Other
11%
$554