This property looks like a bad Mid-Term investment with a projected -11.72% first-year return on $165k initial cash invested.
-11.72%
Cash On Cash
4.12%
Cap Rate
0.62
DSCR
$4,167
Rent
-$1,611
Cashflow
Cash Flow
$4,167 income − $5,778 expenses = $1,611 out of pocket
Investment Breakdown
|
Purchase Price
$700k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$165k
Downpayment
20%
$140k
Closing costs
1%
$6,999
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,167
Total Expenses
$5,778
Mortgage P&I
92%
$3,846
Property Taxes
6%
$270
Home Insurance
6%
$245
HOA
0%
$0
Property Management
12%
$500
CapEx
4%
$167
Vacancy
3%
$125
Maintenance
4%
$167
Other
11%
$458