This property looks like a bad Mid-Term investment with a projected -14.23% first-year return on $158k initial cash invested.
-14.23%
Cash On Cash
3.41%
Cap Rate
0.52
DSCR
$3,236
Rent
-$1,871
Cashflow
Cash Flow
$3,236 income − $5,107 expenses = $1,871 out of pocket
Investment Breakdown
|
Purchase Price
$666k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$158k
Downpayment
20%
$133k
Closing costs
1%
$6,655
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$3,236
Total Expenses
$5,107
Mortgage P&I
112%
$3,632
Property Taxes
4%
$131
Home Insurance
8%
$245
HOA
0%
$0
Property Management
12%
$388
CapEx
4%
$129
Vacancy
3%
$97
Maintenance
4%
$129
Other
11%
$356