This property looks like a bad Mid-Term investment with a projected -10.51% first-year return on $152k initial cash invested.
-10.51%
Cash On Cash
4.43%
Cap Rate
0.68
DSCR
$5,140
Rent
-$1,333
Cashflow
Cash Flow
$5,140 income − $6,473 expenses = $1,333 out of pocket
Investment Breakdown
|
Purchase Price
$639k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$152k
Downpayment
20%
$128k
Closing costs
1%
$6,393
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$5,140
Total Expenses
$6,473
Mortgage P&I
68%
$3,489
Property Taxes
14%
$738
Home Insurance
4%
$210
HOA
6%
$288
Property Management
12%
$617
CapEx
4%
$206
Vacancy
3%
$154
Maintenance
4%
$206
Other
11%
$565