This property looks like a bad Mid-Term investment with a projected -13.01% first-year return on $162k initial cash invested.
-13.01%
Cash On Cash
3.94%
Cap Rate
0.59
DSCR
$4,182
Rent
-$1,753
Cashflow
Cash Flow
$4,182 income − $5,935 expenses = $1,753 out of pocket
Investment Breakdown
|
Purchase Price
$684k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$162k
Downpayment
20%
$137k
Closing costs
1%
$6,842
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,182
Total Expenses
$5,935
Mortgage P&I
92%
$3,831
Property Taxes
10%
$435
Home Insurance
6%
$245
HOA
0%
$3
Property Management
12%
$502
CapEx
4%
$167
Vacancy
3%
$125
Maintenance
4%
$167
Other
11%
$460