This property looks like a bad Mid-Term investment with a projected -20.49% first-year return on $173k initial cash invested.
-20.49%
Cash On Cash
1.99%
Cap Rate
0.3
DSCR
$3,132
Rent
-$2,959
Cashflow
Cash Flow
$3,132 income − $6,091 expenses = $2,959 out of pocket
Investment Breakdown
|
Purchase Price
$739k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$173k
Downpayment
20%
$148k
Closing costs
1%
$7,393
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$3,132
Total Expenses
$6,091
Mortgage P&I
130%
$4,058
Property Taxes
23%
$706
Home Insurance
8%
$262
HOA
0%
$0
Property Management
12%
$376
CapEx
4%
$125
Vacancy
3%
$94
Maintenance
4%
$125
Other
11%
$345