This property looks like a bad Mid-Term investment with a projected -13.96% first-year return on $165k initial cash invested.
-13.96%
Cash On Cash
3.09%
Cap Rate
0.5
DSCR
$3,388
Rent
-$1,917
Cashflow
Cash Flow
$3,388 income − $5,305 expenses = $1,917 out of pocket
Investment Breakdown
|
Purchase Price
$699k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$165k
Downpayment
20%
$140k
Closing costs
1%
$6,990
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$3,388
Total Expenses
$5,305
Mortgage P&I
106%
$3,580
Property Taxes
9%
$303
Home Insurance
7%
$245
HOA
1%
$23
Property Management
12%
$407
CapEx
4%
$136
Vacancy
3%
$102
Maintenance
4%
$136
Other
11%
$373