This property looks like a bad Mid-Term investment with a projected -6.81% first-year return on $148k initial cash invested.
-6.81%
Cash On Cash
5.36%
Cap Rate
0.81
DSCR
$4,594
Rent
-$838
Cashflow
Cash Flow
$4,594 income − $5,432 expenses = $838 out of pocket
Investment Breakdown
|
Purchase Price
$617k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$148k
Downpayment
20%
$123k
Closing costs
1%
$6,170
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,594
Total Expenses
$5,432
Mortgage P&I
74%
$3,409
Property Taxes
4%
$180
Home Insurance
5%
$216
HOA
1%
$65
Property Management
12%
$551
CapEx
4%
$184
Vacancy
3%
$138
Maintenance
4%
$184
Other
11%
$505