This property looks like a bad Mid-Term investment with a projected -16.98% first-year return on $161k initial cash invested.
-16.98%
Cash On Cash
2.99%
Cap Rate
0.44
DSCR
$3,676
Rent
-$2,284
Cashflow
Cash Flow
$3,676 income − $5,960 expenses = $2,284 out of pocket
Investment Breakdown
|
Purchase Price
$683k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$161k
Downpayment
20%
$137k
Closing costs
1%
$6,829
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$3,676
Total Expenses
$5,960
Mortgage P&I
104%
$3,839
Property Taxes
17%
$627
Home Insurance
7%
$245
HOA
0%
$0
Property Management
12%
$441
CapEx
4%
$147
Vacancy
3%
$110
Maintenance
4%
$147
Other
11%
$404