This property looks like a bad Mid-Term investment with a projected -7.03% first-year return on $157k initial cash invested.
-7.03%
Cash On Cash
4.98%
Cap Rate
0.79
DSCR
$5,084
Rent
-$917
Cashflow
Cash Flow
$5,084 income − $6,001 expenses = $917 out of pocket
Investment Breakdown
|
Purchase Price
$660k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$157k
Downpayment
20%
$132k
Closing costs
1%
$6,600
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$5,084
Total Expenses
$6,001
Mortgage P&I
68%
$3,454
Property Taxes
12%
$588
Home Insurance
5%
$231
HOA
0%
$0
Property Management
12%
$610
CapEx
4%
$203
Vacancy
3%
$153
Maintenance
4%
$203
Other
11%
$559