This property looks like a bad Mid-Term investment with a projected -8.63% first-year return on $158k initial cash invested.
-8.63%
Cash On Cash
4.93%
Cap Rate
0.75
DSCR
$5,130
Rent
-$1,137
Cashflow
Cash Flow
$5,130 income − $6,267 expenses = $1,137 out of pocket
Investment Breakdown
|
Purchase Price
$668k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$158k
Downpayment
20%
$134k
Closing costs
1%
$6,675
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$5,130
Total Expenses
$6,267
Mortgage P&I
72%
$3,675
Property Taxes
12%
$610
Home Insurance
5%
$238
HOA
0%
$0
Property Management
12%
$616
CapEx
4%
$205
Vacancy
3%
$154
Maintenance
4%
$205
Other
11%
$564