This property looks like a bad Mid-Term investment with a projected -9.2% first-year return on $168k initial cash invested.
-9.2%
Cash On Cash
4.73%
Cap Rate
0.72
DSCR
$5,097
Rent
-$1,286
Cashflow
Cash Flow
$5,097 income − $6,383 expenses = $1,286 out of pocket
Investment Breakdown
|
Purchase Price
$713k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$168k
Downpayment
20%
$143k
Closing costs
1%
$7,132
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$5,097
Total Expenses
$6,383
Mortgage P&I
76%
$3,892
Property Taxes
10%
$506
Home Insurance
5%
$251
HOA
0%
$0
Property Management
12%
$612
CapEx
4%
$204
Vacancy
3%
$153
Maintenance
4%
$204
Other
11%
$561