This property looks like a bad Mid-Term investment with a projected -14.79% first-year return on $170k initial cash invested.
-14.79%
Cash On Cash
3.42%
Cap Rate
0.52
DSCR
$4,404
Rent
-$2,098
Cashflow
Cash Flow
$4,404 income − $6,502 expenses = $2,098 out of pocket
Investment Breakdown
|
Purchase Price
$725k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$170k
Downpayment
20%
$145k
Closing costs
1%
$7,250
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$4,404
Total Expenses
$6,502
Mortgage P&I
91%
$3,989
Property Taxes
17%
$763
Home Insurance
6%
$254
HOA
0%
$0
Property Management
12%
$528
CapEx
4%
$176
Vacancy
3%
$132
Maintenance
4%
$176
Other
11%
$484