This property looks like a bad Mid-Term investment with a projected -14.2% first-year return on $170k initial cash invested.
-14.2%
Cash On Cash
3.45%
Cap Rate
0.53
DSCR
$4,320
Rent
-$2,015
Cashflow
Cash Flow
$4,320 income − $6,335 expenses = $2,015 out of pocket
Investment Breakdown
|
Purchase Price
$725k
Downpayment
20.0%
Interest Rate
7.2%
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
$4,320
Total Expenses
$6,335
Mortgage P&I
91%
$3,929
Property Taxes
16%
$683
Home Insurance
6%
$254
HOA
0%
$0
Property Management
12%
$518
CapEx
4%
$173
Vacancy
3%
$130
Maintenance
4%
$173
Other
11%
$475