This property looks like a bad Mid-Term investment with a projected -9.07% first-year return on $150k initial cash invested.
-9.07%
Cash On Cash
4.86%
Cap Rate
0.73
DSCR
$4,839
Rent
-$1,135
Cashflow
Cash Flow
$4,839 income − $5,974 expenses = $1,135 out of pocket
Investment Breakdown
|
Purchase Price
$630k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$150k
Downpayment
20%
$126k
Closing costs
1%
$6,295
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,839
Total Expenses
$5,974
Mortgage P&I
72%
$3,491
Property Taxes
12%
$568
Home Insurance
5%
$227
HOA
1%
$42
Property Management
12%
$581
CapEx
4%
$194
Vacancy
3%
$145
Maintenance
4%
$194
Other
11%
$532