This property looks like a bad Mid-Term investment with a projected -9.08% first-year return on $151k initial cash invested.
-9.08%
Cash On Cash
4.73%
Cap Rate
0.72
DSCR
$4,756
Rent
-$1,145
Cashflow
Cash Flow
$4,756 income − $5,901 expenses = $1,145 out of pocket
Investment Breakdown
|
Purchase Price
$635k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$151k
Downpayment
20%
$127k
Closing costs
1%
$6,350
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,756
Total Expenses
$5,901
Mortgage P&I
73%
$3,459
Property Taxes
13%
$603
Home Insurance
5%
$222
HOA
0%
$0
Property Management
12%
$571
CapEx
4%
$190
Vacancy
3%
$143
Maintenance
4%
$190
Other
11%
$523