This property looks like a bad Mid-Term investment with a projected -11.31% first-year return on $171k initial cash invested.
-11.31%
Cash On Cash
4.31%
Cap Rate
0.65
DSCR
$5,176
Rent
-$1,615
Cashflow
Cash Flow
$5,176 income − $6,791 expenses = $1,615 out of pocket
Investment Breakdown
|
Purchase Price
$730k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$171k
Downpayment
20%
$146k
Closing costs
1%
$7,299
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$5,176
Total Expenses
$6,791
Mortgage P&I
78%
$4,029
Property Taxes
14%
$747
Home Insurance
5%
$256
HOA
0%
$0
Property Management
12%
$621
CapEx
4%
$207
Vacancy
3%
$155
Maintenance
4%
$207
Other
11%
$569