This property looks like a bad Mid-Term investment with a projected -16.67% first-year return on $165k initial cash invested.
-16.67%
Cash On Cash
2.8%
Cap Rate
0.43
DSCR
$3,645
Rent
-$2,289
Cashflow
Cash Flow
$3,645 income − $5,934 expenses = $2,289 out of pocket
Investment Breakdown
|
Purchase Price
$699k
Downpayment
20.0%
Interest Rate
7.2%
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
$3,645
Total Expenses
$5,934
Mortgage P&I
104%
$3,775
Property Taxes
16%
$592
Home Insurance
7%
$245
HOA
2%
$83
Property Management
12%
$437
CapEx
4%
$146
Vacancy
3%
$109
Maintenance
4%
$146
Other
11%
$401