This property looks like a bad Mid-Term investment with a projected -10.44% first-year return on $151k initial cash invested.
-10.44%
Cash On Cash
3.84%
Cap Rate
0.63
DSCR
$3,712
Rent
-$1,312
Cashflow
Cash Flow
$3,712 income − $5,024 expenses = $1,312 out of pocket
Investment Breakdown
|
Purchase Price
$633k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$151k
Downpayment
20%
$127k
Closing costs
1%
$6,327
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$3,712
Total Expenses
$5,024
Mortgage P&I
86%
$3,188
Property Taxes
9%
$348
Home Insurance
6%
$228
HOA
0%
$0
Property Management
12%
$445
CapEx
4%
$148
Vacancy
3%
$111
Maintenance
4%
$148
Other
11%
$408