This property looks like a bad Mid-Term investment with a projected -10.89% first-year return on $162k initial cash invested.
-10.89%
Cash On Cash
4.03%
Cap Rate
0.64
DSCR
$4,608
Rent
-$1,471
Cashflow
Cash Flow
$4,608 income − $6,079 expenses = $1,471 out of pocket
Investment Breakdown
|
Purchase Price
$686k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$162k
Downpayment
20%
$137k
Closing costs
1%
$6,859
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,608
Total Expenses
$6,079
Mortgage P&I
78%
$3,591
Property Taxes
14%
$624
Home Insurance
6%
$280
HOA
0%
$18
Property Management
12%
$553
CapEx
4%
$184
Vacancy
3%
$138
Maintenance
4%
$184
Other
11%
$507