This property looks like a bad Mid-Term investment with a projected -8.68% first-year return on $161k initial cash invested.
-8.68%
Cash On Cash
4.77%
Cap Rate
0.74
DSCR
$4,746
Rent
-$1,167
Cashflow
Cash Flow
$4,746 income − $5,913 expenses = $1,167 out of pocket
Investment Breakdown
|
Purchase Price
$682k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$161k
Downpayment
20%
$136k
Closing costs
1%
$6,824
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,746
Total Expenses
$5,913
Mortgage P&I
78%
$3,690
Property Taxes
8%
$364
Home Insurance
5%
$245
HOA
0%
$0
Property Management
12%
$570
CapEx
4%
$190
Vacancy
3%
$142
Maintenance
4%
$190
Other
11%
$522