This property looks like a bad Mid-Term investment with a projected -11.44% first-year return on $157k initial cash invested.
-11.44%
Cash On Cash
4.1%
Cap Rate
0.63
DSCR
$4,036
Rent
-$1,492
Cashflow
Cash Flow
$4,036 income − $5,528 expenses = $1,492 out of pocket
Investment Breakdown
|
Purchase Price
$660k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$157k
Downpayment
20%
$132k
Closing costs
1%
$6,598
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,036
Total Expenses
$5,528
Mortgage P&I
89%
$3,584
Property Taxes
8%
$330
Home Insurance
6%
$243
HOA
0%
$0
Property Management
12%
$484
CapEx
4%
$161
Vacancy
3%
$121
Maintenance
4%
$161
Other
11%
$444