This property looks like a bad Mid-Term investment with a projected -9.94% first-year return on $161k initial cash invested.
-9.94%
Cash On Cash
4.56%
Cap Rate
0.69
DSCR
$4,844
Rent
-$1,335
Cashflow
Cash Flow
$4,844 income − $6,179 expenses = $1,335 out of pocket
Investment Breakdown
|
Purchase Price
$682k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$161k
Downpayment
20%
$136k
Closing costs
1%
$6,818
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,844
Total Expenses
$6,179
Mortgage P&I
77%
$3,732
Property Taxes
11%
$536
Home Insurance
5%
$239
HOA
1%
$25
Property Management
12%
$581
CapEx
4%
$194
Vacancy
3%
$145
Maintenance
4%
$194
Other
11%
$533