This property looks like a bad Mid-Term investment with a projected -9.46% first-year return on $160k initial cash invested.
-9.46%
Cash On Cash
4.15%
Cap Rate
0.68
DSCR
$4,508
Rent
-$1,260
Cashflow
Cash Flow
$4,508 income − $5,768 expenses = $1,260 out of pocket
Investment Breakdown
|
Purchase Price
$675k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$160k
Downpayment
20%
$135k
Closing costs
1%
$6,750
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,508
Total Expenses
$5,768
Mortgage P&I
76%
$3,416
Property Taxes
13%
$584
Home Insurance
5%
$236
HOA
0%
$0
Property Management
12%
$541
CapEx
4%
$180
Vacancy
3%
$135
Maintenance
4%
$180
Other
11%
$496