This property looks like a bad Mid-Term investment with a projected -8.2% first-year return on $163k initial cash invested.
-8.2%
Cash On Cash
4.83%
Cap Rate
0.75
DSCR
$5,036
Rent
-$1,112
Cashflow
Cash Flow
$5,036 income − $6,148 expenses = $1,112 out of pocket
Investment Breakdown
|
Purchase Price
$689k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$163k
Downpayment
20%
$138k
Closing costs
1%
$6,893
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$5,036
Total Expenses
$6,148
Mortgage P&I
73%
$3,688
Property Taxes
11%
$539
Home Insurance
4%
$210
HOA
0%
$0
Property Management
12%
$604
CapEx
4%
$201
Vacancy
3%
$151
Maintenance
4%
$201
Other
11%
$554