This property looks like a bad Mid-Term investment with a projected -6.61% first-year return on $172k initial cash invested.
-6.61%
Cash On Cash
5.13%
Cap Rate
0.82
DSCR
$5,889
Rent
-$949
Cashflow
Cash Flow
$5,889 income − $6,838 expenses = $949 out of pocket
Investment Breakdown
|
Purchase Price
$735k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$172k
Downpayment
20%
$147k
Closing costs
1%
$7,348
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$5,889
Total Expenses
$6,838
Mortgage P&I
65%
$3,855
Property Taxes
12%
$717
Home Insurance
4%
$262
HOA
0%
$0
Property Management
12%
$707
CapEx
4%
$236
Vacancy
3%
$177
Maintenance
4%
$236
Other
11%
$648