This property looks like a bad Mid-Term investment with a projected -10.01% first-year return on $155k initial cash invested.
-10.01%
Cash On Cash
4.38%
Cap Rate
0.68
DSCR
$4,258
Rent
-$1,292
Cashflow
Cash Flow
$4,258 income − $5,550 expenses = $1,292 out of pocket
Investment Breakdown
|
Purchase Price
$652k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$155k
Downpayment
20%
$130k
Closing costs
1%
$6,520
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,258
Total Expenses
$5,550
Mortgage P&I
82%
$3,500
Property Taxes
6%
$249
Home Insurance
6%
$234
HOA
3%
$120
Property Management
12%
$511
CapEx
4%
$170
Vacancy
3%
$128
Maintenance
4%
$170
Other
11%
$468