This property looks like a bad Mid-Term investment with a projected -10.79% first-year return on $151k initial cash invested.
-10.79%
Cash On Cash
4.16%
Cap Rate
0.66
DSCR
$5,218
Rent
-$1,360
Cashflow
Cash Flow
$5,218 income − $6,578 expenses = $1,360 out of pocket
Investment Breakdown
|
Purchase Price
$635k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$151k
Downpayment
20%
$127k
Closing costs
1%
$6,348
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$5,218
Total Expenses
$6,578
Mortgage P&I
64%
$3,349
Property Taxes
16%
$848
Home Insurance
5%
$252
HOA
7%
$354
Property Management
12%
$626
CapEx
4%
$209
Vacancy
3%
$157
Maintenance
4%
$209
Other
11%
$574