This property looks like a bad Mid-Term investment with a projected -8.36% first-year return on $171k initial cash invested.
-8.36%
Cash On Cash
4.45%
Cap Rate
0.73
DSCR
$5,116
Rent
-$1,191
Cashflow
Cash Flow
$5,116 income − $6,307 expenses = $1,191 out of pocket
Investment Breakdown
|
Purchase Price
$728k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$171k
Downpayment
20%
$146k
Closing costs
1%
$7,281
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$5,116
Total Expenses
$6,307
Mortgage P&I
72%
$3,685
Property Taxes
12%
$639
Home Insurance
5%
$243
HOA
0%
$0
Property Management
12%
$614
CapEx
4%
$205
Vacancy
3%
$153
Maintenance
4%
$205
Other
11%
$563