This property looks like a bad Mid-Term investment with a projected -9.57% first-year return on $158k initial cash invested.
-9.57%
Cash On Cash
4.59%
Cap Rate
0.71
DSCR
$5,352
Rent
-$1,257
Cashflow
Cash Flow
$5,352 income − $6,609 expenses = $1,257 out of pocket
Investment Breakdown
|
Purchase Price
$665k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$158k
Downpayment
20%
$133k
Closing costs
1%
$6,650
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$5,352
Total Expenses
$6,609
Mortgage P&I
67%
$3,588
Property Taxes
12%
$621
Home Insurance
4%
$233
HOA
6%
$347
Property Management
12%
$642
CapEx
4%
$214
Vacancy
3%
$161
Maintenance
4%
$214
Other
11%
$589