This property looks like a bad Mid-Term investment with a projected -11.03% first-year return on $177k initial cash invested.
-11.03%
Cash On Cash
4.19%
Cap Rate
0.65
DSCR
$4,515
Rent
-$1,629
Cashflow
Cash Flow
$4,515 income − $6,144 expenses = $1,629 out of pocket
Investment Breakdown
|
Purchase Price
$759k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$177k
Downpayment
20%
$152k
Closing costs
1%
$7,586
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$4,515
Total Expenses
$6,144
Mortgage P&I
91%
$4,099
Property Taxes
4%
$187
Home Insurance
6%
$280
HOA
1%
$42
Property Management
12%
$542
CapEx
4%
$181
Vacancy
3%
$135
Maintenance
4%
$181
Other
11%
$497