This property looks like a bad Mid-Term investment with a projected -9.79% first-year return on $164k initial cash invested.
-9.79%
Cash On Cash
4.46%
Cap Rate
0.69
DSCR
$4,118
Rent
-$1,337
Cashflow
Cash Flow
$4,118 income − $5,455 expenses = $1,337 out of pocket
Investment Breakdown
|
Purchase Price
$695k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$164k
Downpayment
20%
$139k
Closing costs
1%
$6,950
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,118
Total Expenses
$5,455
Mortgage P&I
91%
$3,753
Property Taxes
1%
$58
Home Insurance
6%
$243
HOA
0%
$0
Property Management
12%
$494
CapEx
4%
$165
Vacancy
3%
$124
Maintenance
4%
$165
Other
11%
$453