This property looks like a bad Mid-Term investment with a projected -11.91% first-year return on $172k initial cash invested.
-11.91%
Cash On Cash
3.91%
Cap Rate
0.61
DSCR
$4,708
Rent
-$1,711
Cashflow
Cash Flow
$4,708 income − $6,419 expenses = $1,711 out of pocket
Investment Breakdown
|
Purchase Price
$735k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$172k
Downpayment
20%
$147k
Closing costs
1%
$7,350
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$4,708
Total Expenses
$6,419
Mortgage P&I
83%
$3,919
Property Taxes
14%
$643
Home Insurance
5%
$257
HOA
0%
$0
Property Management
12%
$565
CapEx
4%
$188
Vacancy
3%
$141
Maintenance
4%
$188
Other
11%
$518