This property looks like a bad Mid-Term investment with a projected -5.88% first-year return on $149k initial cash invested.
-5.88%
Cash On Cash
5.27%
Cap Rate
0.84
DSCR
$5,272
Rent
-$732
Cashflow
Cash Flow
$5,272 income − $6,004 expenses = $732 out of pocket
Investment Breakdown
|
Purchase Price
$625k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$149k
Downpayment
20%
$125k
Closing costs
1%
$6,251
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$5,272
Total Expenses
$6,004
Mortgage P&I
62%
$3,266
Property Taxes
12%
$626
Home Insurance
4%
$226
HOA
2%
$93
Property Management
12%
$633
CapEx
4%
$211
Vacancy
3%
$158
Maintenance
4%
$211
Other
11%
$580