This property looks like a bad Mid-Term investment with a projected -9.18% first-year return on $158k initial cash invested.
-9.18%
Cash On Cash
4.67%
Cap Rate
0.72
DSCR
$5,115
Rent
-$1,211
Cashflow
Cash Flow
$5,115 income − $6,326 expenses = $1,211 out of pocket
Investment Breakdown
|
Purchase Price
$668k
Downpayment
20.0%
Interest Rate
7.2%
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
$5,115
Total Expenses
$6,326
Mortgage P&I
71%
$3,608
Property Taxes
12%
$602
Home Insurance
5%
$236
HOA
3%
$140
Property Management
12%
$614
CapEx
4%
$205
Vacancy
3%
$153
Maintenance
4%
$205
Other
11%
$563