This property looks like a bad Mid-Term investment with a projected -9.98% first-year return on $161k initial cash invested.
-9.98%
Cash On Cash
4.41%
Cap Rate
0.68
DSCR
$4,168
Rent
-$1,336
Cashflow
Cash Flow
$4,168 income − $5,504 expenses = $1,336 out of pocket
Investment Breakdown
|
Purchase Price
$679k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$161k
Downpayment
20%
$136k
Closing costs
1%
$6,790
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,168
Total Expenses
$5,504
Mortgage P&I
88%
$3,663
Property Taxes
3%
$129
Home Insurance
6%
$262
HOA
1%
$33
Property Management
12%
$500
CapEx
4%
$167
Vacancy
3%
$125
Maintenance
4%
$167
Other
11%
$458