This property looks like a bad Mid-Term investment with a projected -13.07% first-year return on $165k initial cash invested.
-13.07%
Cash On Cash
3.63%
Cap Rate
0.57
DSCR
$4,342
Rent
-$1,797
Cashflow
Cash Flow
$4,342 income − $6,139 expenses = $1,797 out of pocket
Investment Breakdown
|
Purchase Price
$700k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$165k
Downpayment
20%
$140k
Closing costs
1%
$7,000
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,342
Total Expenses
$6,139
Mortgage P&I
86%
$3,742
Property Taxes
16%
$675
Home Insurance
6%
$245
HOA
0%
$0
Property Management
12%
$521
CapEx
4%
$174
Vacancy
3%
$130
Maintenance
4%
$174
Other
11%
$478