This property looks like a bad Mid-Term investment with a projected -12.06% first-year return on $161k initial cash invested.
-12.06%
Cash On Cash
3.91%
Cap Rate
0.6
DSCR
$4,173
Rent
-$1,616
Cashflow
Cash Flow
$4,173 income − $5,789 expenses = $1,616 out of pocket
Investment Breakdown
|
Purchase Price
$680k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$161k
Downpayment
20%
$136k
Closing costs
1%
$6,802
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,173
Total Expenses
$5,789
Mortgage P&I
88%
$3,667
Property Taxes
11%
$450
Home Insurance
6%
$245
HOA
0%
$8
Property Management
12%
$501
CapEx
4%
$167
Vacancy
3%
$125
Maintenance
4%
$167
Other
11%
$459