This property looks like a bad Mid-Term investment with a projected -12.45% first-year return on $158k initial cash invested.
-12.45%
Cash On Cash
4.13%
Cap Rate
0.61
DSCR
$4,371
Rent
-$1,642
Cashflow
Cash Flow
$4,371 income − $6,013 expenses = $1,642 out of pocket
Investment Breakdown
|
Purchase Price
$668k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$158k
Downpayment
20%
$134k
Closing costs
1%
$6,680
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,371
Total Expenses
$6,013
Mortgage P&I
86%
$3,766
Property Taxes
11%
$477
Home Insurance
6%
$241
HOA
1%
$42
Property Management
12%
$525
CapEx
4%
$175
Vacancy
3%
$131
Maintenance
4%
$175
Other
11%
$481