This property looks like a bad Mid-Term investment with a projected -9.88% first-year return on $160k initial cash invested.
-9.88%
Cash On Cash
4.06%
Cap Rate
0.67
DSCR
$4,449
Rent
-$1,314
Cashflow
Cash Flow
$4,449 income − $5,763 expenses = $1,314 out of pocket
Investment Breakdown
|
Purchase Price
$675k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$160k
Downpayment
20%
$135k
Closing costs
1%
$6,746
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,449
Total Expenses
$5,763
Mortgage P&I
77%
$3,416
Property Taxes
13%
$568
Home Insurance
5%
$242
HOA
1%
$25
Property Management
12%
$534
CapEx
4%
$178
Vacancy
3%
$133
Maintenance
4%
$178
Other
11%
$489