This property looks like a bad Mid-Term investment with a projected -12.81% first-year return on $162k initial cash invested.
-12.81%
Cash On Cash
3.82%
Cap Rate
0.59
DSCR
$4,688
Rent
-$1,730
Cashflow
Cash Flow
$4,688 income − $6,418 expenses = $1,730 out of pocket
Investment Breakdown
|
Purchase Price
$686k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$162k
Downpayment
20%
$137k
Closing costs
1%
$6,859
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,688
Total Expenses
$6,418
Mortgage P&I
79%
$3,726
Property Taxes
14%
$653
Home Insurance
5%
$243
HOA
4%
$200
Property Management
12%
$563
CapEx
4%
$188
Vacancy
3%
$141
Maintenance
4%
$188
Other
11%
$516