This property looks like a bad Mid-Term investment with a projected -9.49% first-year return on $161k initial cash invested.
-9.49%
Cash On Cash
4.69%
Cap Rate
0.71
DSCR
$4,836
Rent
-$1,277
Cashflow
Cash Flow
$4,836 income − $6,113 expenses = $1,277 out of pocket
Investment Breakdown
|
Purchase Price
$683k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$161k
Downpayment
20%
$137k
Closing costs
1%
$6,830
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,836
Total Expenses
$6,113
Mortgage P&I
78%
$3,756
Property Taxes
9%
$451
Home Insurance
5%
$242
HOA
0%
$21
Property Management
12%
$580
CapEx
4%
$193
Vacancy
3%
$145
Maintenance
4%
$193
Other
11%
$532