This property looks like a bad Mid-Term investment with a projected -12.83% first-year return on $161k initial cash invested.
-12.83%
Cash On Cash
3.25%
Cap Rate
0.54
DSCR
$3,340
Rent
-$1,721
Cashflow
Cash Flow
$3,340 income − $5,061 expenses = $1,721 out of pocket
Investment Breakdown
|
Purchase Price
$681k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$161k
Downpayment
20%
$136k
Closing costs
1%
$6,810
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$3,340
Total Expenses
$5,061
Mortgage P&I
103%
$3,431
Property Taxes
7%
$235
Home Insurance
7%
$245
HOA
0%
$14
Property Management
12%
$401
CapEx
4%
$134
Vacancy
3%
$100
Maintenance
4%
$134
Other
11%
$367