This property looks like a bad Mid-Term investment with a projected -10.16% first-year return on $159k initial cash invested.
-10.16%
Cash On Cash
4.55%
Cap Rate
0.69
DSCR
$5,098
Rent
-$1,349
Cashflow
Cash Flow
$5,098 income − $6,447 expenses = $1,349 out of pocket
Investment Breakdown
|
Purchase Price
$673k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$159k
Downpayment
20%
$135k
Closing costs
1%
$6,729
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$5,098
Total Expenses
$6,447
Mortgage P&I
73%
$3,697
Property Taxes
15%
$778
Home Insurance
5%
$238
HOA
0%
$0
Property Management
12%
$612
CapEx
4%
$204
Vacancy
3%
$153
Maintenance
4%
$204
Other
11%
$561