This property looks like a bad Mid-Term investment with a projected -10.85% first-year return on $172k initial cash invested.
-10.85%
Cash On Cash
4.38%
Cap Rate
0.67
DSCR
$5,484
Rent
-$1,552
Cashflow
Cash Flow
$5,484 income − $7,036 expenses = $1,552 out of pocket
Investment Breakdown
|
Purchase Price
$732k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$172k
Downpayment
20%
$146k
Closing costs
1%
$7,316
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$5,484
Total Expenses
$7,036
Mortgage P&I
73%
$4,001
Property Taxes
17%
$909
Home Insurance
5%
$262
HOA
0%
$0
Property Management
12%
$658
CapEx
4%
$219
Vacancy
3%
$165
Maintenance
4%
$219
Other
11%
$603