This property looks like a bad Mid-Term investment with a projected -9.33% first-year return on $170k initial cash invested.
-9.33%
Cash On Cash
4.8%
Cap Rate
0.73
DSCR
$5,688
Rent
-$1,323
Cashflow
Cash Flow
$5,688 income − $7,011 expenses = $1,323 out of pocket
Investment Breakdown
|
Purchase Price
$725k
Downpayment
20.0%
Interest Rate
7.3%
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
$5,688
Total Expenses
$7,011
Mortgage P&I
70%
$3,994
Property Taxes
14%
$777
Home Insurance
4%
$254
HOA
1%
$50
Property Management
12%
$683
CapEx
4%
$228
Vacancy
3%
$171
Maintenance
4%
$228
Other
11%
$626