This property looks like a bad Mid-Term investment with a projected -10.74% first-year return on $157k initial cash invested.
-10.74%
Cash On Cash
4.24%
Cap Rate
0.66
DSCR
$4,710
Rent
-$1,408
Cashflow
Cash Flow
$4,710 income − $6,118 expenses = $1,408 out of pocket
Investment Breakdown
|
Purchase Price
$663k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$157k
Downpayment
20%
$133k
Closing costs
1%
$6,631
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,710
Total Expenses
$6,118
Mortgage P&I
76%
$3,564
Property Taxes
15%
$718
Home Insurance
5%
$236
HOA
0%
$0
Property Management
12%
$565
CapEx
4%
$188
Vacancy
3%
$141
Maintenance
4%
$188
Other
11%
$518