This property looks like a bad Mid-Term investment with a projected -14.86% first-year return on $159k initial cash invested.
-14.86%
Cash On Cash
3.32%
Cap Rate
0.5
DSCR
$3,610
Rent
-$1,963
Cashflow
Cash Flow
$3,610 income − $5,573 expenses = $1,963 out of pocket
Investment Breakdown
|
Purchase Price
$669k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$159k
Downpayment
20%
$134k
Closing costs
1%
$6,693
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$3,610
Total Expenses
$5,573
Mortgage P&I
102%
$3,673
Property Taxes
8%
$290
Home Insurance
6%
$234
HOA
4%
$150
Property Management
12%
$433
CapEx
4%
$144
Vacancy
3%
$108
Maintenance
4%
$144
Other
11%
$397