This property looks like a bad Mid-Term investment with a projected -9.26% first-year return on $163k initial cash invested.
-9.26%
Cash On Cash
4.82%
Cap Rate
0.72
DSCR
$5,068
Rent
-$1,256
Cashflow
Cash Flow
$5,068 income − $6,324 expenses = $1,256 out of pocket
Investment Breakdown
|
Purchase Price
$689k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$163k
Downpayment
20%
$138k
Closing costs
1%
$6,890
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$5,068
Total Expenses
$6,324
Mortgage P&I
75%
$3,819
Property Taxes
7%
$344
Home Insurance
5%
$241
HOA
4%
$197
Property Management
12%
$608
CapEx
4%
$203
Vacancy
3%
$152
Maintenance
4%
$203
Other
11%
$557