This property looks like a bad Mid-Term investment with a projected -6.74% first-year return on $158k initial cash invested.
-6.74%
Cash On Cash
5.16%
Cap Rate
0.81
DSCR
$5,138
Rent
-$887
Cashflow
Cash Flow
$5,138 income − $6,025 expenses = $887 out of pocket
Investment Breakdown
|
Purchase Price
$666k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$158k
Downpayment
20%
$133k
Closing costs
1%
$6,664
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$5,138
Total Expenses
$6,025
Mortgage P&I
69%
$3,546
Property Taxes
10%
$526
Home Insurance
4%
$205
HOA
0%
$0
Property Management
12%
$617
CapEx
4%
$206
Vacancy
3%
$154
Maintenance
4%
$206
Other
11%
$565