This property looks like a bad Mid-Term investment with a projected -13.55% first-year return on $158k initial cash invested.
-13.55%
Cash On Cash
3.16%
Cap Rate
0.52
DSCR
$4,197
Rent
-$1,787
Cashflow
Cash Flow
$4,197 income − $5,984 expenses = $1,787 out of pocket
Investment Breakdown
|
Purchase Price
$668k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$158k
Downpayment
20%
$134k
Closing costs
1%
$6,677
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,197
Total Expenses
$5,984
Mortgage P&I
81%
$3,379
Property Taxes
21%
$881
Home Insurance
6%
$240
HOA
1%
$56
Property Management
12%
$504
CapEx
4%
$168
Vacancy
3%
$126
Maintenance
4%
$168
Other
11%
$462