This property looks like a bad Mid-Term investment with a projected -18.62% first-year return on $170k initial cash invested.
-18.62%
Cash On Cash
2.36%
Cap Rate
0.36
DSCR
$2,886
Rent
-$2,642
Cashflow
Cash Flow
$2,886 income − $5,528 expenses = $2,642 out of pocket
Investment Breakdown
|
Purchase Price
$725k
Downpayment
20.0%
Interest Rate
7.2%
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
$2,886
Total Expenses
$5,528
Mortgage P&I
137%
$3,952
Property Taxes
12%
$342
Home Insurance
9%
$254
HOA
0%
$0
Property Management
12%
$346
CapEx
4%
$115
Vacancy
3%
$87
Maintenance
4%
$115
Other
11%
$317