This property looks like a bad Mid-Term investment with a projected -9.84% first-year return on $158k initial cash invested.
-9.84%
Cash On Cash
4.36%
Cap Rate
0.69
DSCR
$4,708
Rent
-$1,295
Cashflow
Cash Flow
$4,708 income − $6,003 expenses = $1,295 out of pocket
Investment Breakdown
|
Purchase Price
$666k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$158k
Downpayment
20%
$133k
Closing costs
1%
$6,662
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,708
Total Expenses
$6,003
Mortgage P&I
75%
$3,527
Property Taxes
13%
$614
Home Insurance
6%
$262
HOA
0%
$0
Property Management
12%
$565
CapEx
4%
$188
Vacancy
3%
$141
Maintenance
4%
$188
Other
11%
$518