This property looks like a bad Mid-Term investment with a projected -10.07% first-year return on $161k initial cash invested.
-10.07%
Cash On Cash
4.48%
Cap Rate
0.69
DSCR
$4,576
Rent
-$1,351
Cashflow
Cash Flow
$4,576 income − $5,927 expenses = $1,351 out of pocket
Investment Breakdown
|
Purchase Price
$681k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$161k
Downpayment
20%
$136k
Closing costs
1%
$6,809
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,576
Total Expenses
$5,927
Mortgage P&I
81%
$3,708
Property Taxes
9%
$402
Home Insurance
5%
$245
HOA
0%
$17
Property Management
12%
$549
CapEx
4%
$183
Vacancy
3%
$137
Maintenance
4%
$183
Other
11%
$503