This property looks like a bad Mid-Term investment with a projected -6.84% first-year return on $158k initial cash invested.
-6.84%
Cash On Cash
5.27%
Cap Rate
0.81
DSCR
$5,448
Rent
-$898
Cashflow
Cash Flow
$5,448 income − $6,346 expenses = $898 out of pocket
Investment Breakdown
|
Purchase Price
$665k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$158k
Downpayment
20%
$133k
Closing costs
1%
$6,650
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$5,448
Total Expenses
$6,346
Mortgage P&I
66%
$3,602
Property Taxes
12%
$659
Home Insurance
4%
$233
HOA
0%
$0
Property Management
12%
$654
CapEx
4%
$218
Vacancy
3%
$163
Maintenance
4%
$218
Other
11%
$599