This property looks like a bad Mid-Term investment with a projected -11.68% first-year return on $152k initial cash invested.
-11.68%
Cash On Cash
4.06%
Cap Rate
0.62
DSCR
$3,717
Rent
-$1,476
Cashflow
Cash Flow
$3,717 income − $5,193 expenses = $1,476 out of pocket
Investment Breakdown
|
Purchase Price
$636k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$152k
Downpayment
20%
$127k
Closing costs
1%
$6,363
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$3,717
Total Expenses
$5,193
Mortgage P&I
94%
$3,480
Property Taxes
6%
$220
Home Insurance
6%
$228
HOA
0%
$0
Property Management
12%
$446
CapEx
4%
$149
Vacancy
3%
$112
Maintenance
4%
$149
Other
11%
$409