This property looks like a bad Mid-Term investment with a projected -7.95% first-year return on $150k initial cash invested.
-7.95%
Cash On Cash
4.91%
Cap Rate
0.76
DSCR
$4,364
Rent
-$993
Cashflow
Cash Flow
$4,364 income − $5,357 expenses = $993 out of pocket
Investment Breakdown
|
Purchase Price
$628k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$150k
Downpayment
20%
$126k
Closing costs
1%
$6,284
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,364
Total Expenses
$5,357
Mortgage P&I
78%
$3,388
Property Taxes
4%
$192
Home Insurance
5%
$227
HOA
1%
$65
Property Management
12%
$524
CapEx
4%
$175
Vacancy
3%
$131
Maintenance
4%
$175
Other
11%
$480