This property looks like a bad Mid-Term investment with a projected -8.41% first-year return on $164k initial cash invested.
-8.41%
Cash On Cash
5.01%
Cap Rate
0.75
DSCR
$5,152
Rent
-$1,147
Cashflow
Cash Flow
$5,152 income − $6,299 expenses = $1,147 out of pocket
Investment Breakdown
|
Purchase Price
$694k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$164k
Downpayment
20%
$139k
Closing costs
1%
$6,937
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$5,152
Total Expenses
$6,299
Mortgage P&I
74%
$3,836
Property Taxes
9%
$466
Home Insurance
5%
$245
HOA
0%
$0
Property Management
12%
$618
CapEx
4%
$206
Vacancy
3%
$155
Maintenance
4%
$206
Other
11%
$567