This property looks like a bad Mid-Term investment with a projected -12.41% first-year return on $173k initial cash invested.
-12.41%
Cash On Cash
3.93%
Cap Rate
0.6
DSCR
$5,196
Rent
-$1,790
Cashflow
Cash Flow
$5,196 income − $6,986 expenses = $1,790 out of pocket
Investment Breakdown
|
Purchase Price
$739k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$173k
Downpayment
20%
$148k
Closing costs
1%
$7,388
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$5,196
Total Expenses
$6,986
Mortgage P&I
77%
$4,003
Property Taxes
18%
$953
Home Insurance
5%
$262
HOA
0%
$0
Property Management
12%
$624
CapEx
4%
$208
Vacancy
3%
$156
Maintenance
4%
$208
Other
11%
$572