This property looks like a bad Mid-Term investment with a projected -15.68% first-year return on $170k initial cash invested.
-15.68%
Cash On Cash
2.65%
Cap Rate
0.43
DSCR
$3,429
Rent
-$2,225
Cashflow
Cash Flow
$3,429 income − $5,654 expenses = $2,225 out of pocket
Investment Breakdown
|
Purchase Price
$725k
Downpayment
20.0%
Interest Rate
6.6%
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
$3,429
Total Expenses
$5,654
Mortgage P&I
108%
$3,688
Property Taxes
10%
$350
Home Insurance
7%
$254
HOA
6%
$197
Property Management
12%
$411
CapEx
4%
$137
Vacancy
3%
$103
Maintenance
4%
$137
Other
11%
$377