This property looks like a bad Mid-Term investment with a projected -7.71% first-year return on $171k initial cash invested.
-7.71%
Cash On Cash
5.05%
Cap Rate
0.77
DSCR
$4,752
Rent
-$1,100
Cashflow
Cash Flow
$4,752 income − $5,852 expenses = $1,100 out of pocket
Investment Breakdown
|
Purchase Price
$730k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$171k
Downpayment
20%
$146k
Closing costs
1%
$7,299
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$4,752
Total Expenses
$5,852
Mortgage P&I
84%
$3,980
Property Taxes
0%
$0
Home Insurance
5%
$256
HOA
0%
$0
Property Management
12%
$570
CapEx
4%
$190
Vacancy
3%
$143
Maintenance
4%
$190
Other
11%
$523