This property looks like a bad Mid-Term investment with a projected -11.03% first-year return on $173k initial cash invested.
-11.03%
Cash On Cash
4.29%
Cap Rate
0.66
DSCR
$5,302
Rent
-$1,586
Cashflow
Cash Flow
$5,302 income − $6,888 expenses = $1,586 out of pocket
Investment Breakdown
|
Purchase Price
$736k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$173k
Downpayment
20%
$147k
Closing costs
1%
$7,361
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$5,302
Total Expenses
$6,888
Mortgage P&I
76%
$4,007
Property Taxes
14%
$731
Home Insurance
5%
$262
HOA
2%
$86
Property Management
12%
$636
CapEx
4%
$212
Vacancy
3%
$159
Maintenance
4%
$212
Other
11%
$583