This property looks like a bad Mid-Term investment with a projected -9.73% first-year return on $177k initial cash invested.
-9.73%
Cash On Cash
4.46%
Cap Rate
0.7
DSCR
$5,324
Rent
-$1,439
Cashflow
Cash Flow
$5,324 income − $6,763 expenses = $1,439 out of pocket
Investment Breakdown
|
Purchase Price
$759k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$177k
Downpayment
20%
$152k
Closing costs
1%
$7,590
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$5,324
Total Expenses
$6,763
Mortgage P&I
76%
$4,050
Property Taxes
11%
$566
Home Insurance
5%
$266
HOA
1%
$70
Property Management
12%
$639
CapEx
4%
$213
Vacancy
3%
$160
Maintenance
4%
$213
Other
11%
$586