This property looks like a bad Mid-Term investment with a projected -9.46% first-year return on $160k initial cash invested.
-9.46%
Cash On Cash
4.55%
Cap Rate
0.7
DSCR
$4,534
Rent
-$1,259
Cashflow
Cash Flow
$4,534 income − $5,793 expenses = $1,259 out of pocket
Investment Breakdown
|
Purchase Price
$675k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$160k
Downpayment
20%
$135k
Closing costs
1%
$6,750
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,534
Total Expenses
$5,793
Mortgage P&I
80%
$3,638
Property Taxes
4%
$195
Home Insurance
5%
$236
HOA
4%
$183
Property Management
12%
$544
CapEx
4%
$181
Vacancy
3%
$136
Maintenance
4%
$181
Other
11%
$499