This property looks like a bad Mid-Term investment with a projected -13.04% first-year return on $160k initial cash invested.
-13.04%
Cash On Cash
3.75%
Cap Rate
0.57
DSCR
$3,936
Rent
-$1,736
Cashflow
Cash Flow
$3,936 income − $5,672 expenses = $1,736 out of pocket
Investment Breakdown
|
Purchase Price
$675k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$160k
Downpayment
20%
$135k
Closing costs
1%
$6,752
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$3,936
Total Expenses
$5,672
Mortgage P&I
94%
$3,690
Property Taxes
10%
$400
Home Insurance
6%
$245
HOA
0%
$0
Property Management
12%
$472
CapEx
4%
$157
Vacancy
3%
$118
Maintenance
4%
$157
Other
11%
$433