This property looks like a bad Mid-Term investment with a projected -10.93% first-year return on $154k initial cash invested.
-10.93%
Cash On Cash
4.33%
Cap Rate
0.66
DSCR
$4,556
Rent
-$1,402
Cashflow
Cash Flow
$4,556 income − $5,958 expenses = $1,402 out of pocket
Investment Breakdown
|
Purchase Price
$647k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$154k
Downpayment
20%
$129k
Closing costs
1%
$6,471
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,556
Total Expenses
$5,958
Mortgage P&I
78%
$3,555
Property Taxes
14%
$627
Home Insurance
5%
$227
HOA
0%
$0
Property Management
12%
$547
CapEx
4%
$182
Vacancy
3%
$137
Maintenance
4%
$182
Other
11%
$501