This property looks like a bad Mid-Term investment with a projected -11.92% first-year return on $160k initial cash invested.
-11.92%
Cash On Cash
3.79%
Cap Rate
0.6
DSCR
$4,158
Rent
-$1,586
Cashflow
Cash Flow
$4,158 income − $5,744 expenses = $1,586 out of pocket
Investment Breakdown
|
Purchase Price
$675k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$160k
Downpayment
20%
$135k
Closing costs
1%
$6,745
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,158
Total Expenses
$5,744
Mortgage P&I
85%
$3,550
Property Taxes
13%
$536
Home Insurance
6%
$245
HOA
0%
$0
Property Management
12%
$499
CapEx
4%
$166
Vacancy
3%
$125
Maintenance
4%
$166
Other
11%
$457