This property looks like a bad Mid-Term investment with a projected -9.49% first-year return on $161k initial cash invested.
-9.49%
Cash On Cash
4.7%
Cap Rate
0.71
DSCR
$5,036
Rent
-$1,272
Cashflow
Cash Flow
$5,036 income − $6,308 expenses = $1,272 out of pocket
Investment Breakdown
|
Purchase Price
$680k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$161k
Downpayment
20%
$136k
Closing costs
1%
$6,799
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$5,036
Total Expenses
$6,308
Mortgage P&I
74%
$3,736
Property Taxes
12%
$623
Home Insurance
5%
$238
HOA
0%
$0
Property Management
12%
$604
CapEx
4%
$201
Vacancy
3%
$151
Maintenance
4%
$201
Other
11%
$554