This property looks like a bad Mid-Term investment with a projected -11.16% first-year return on $171k initial cash invested.
-11.16%
Cash On Cash
4.27%
Cap Rate
0.65
DSCR
$5,300
Rent
-$1,588
Cashflow
Cash Flow
$5,300 income − $6,888 expenses = $1,588 out of pocket
Investment Breakdown
|
Purchase Price
$727k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$171k
Downpayment
20%
$145k
Closing costs
1%
$7,274
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$5,300
Total Expenses
$6,888
Mortgage P&I
75%
$3,965
Property Taxes
16%
$852
Home Insurance
5%
$269
HOA
0%
$0
Property Management
12%
$636
CapEx
4%
$212
Vacancy
3%
$159
Maintenance
4%
$212
Other
11%
$583