This property looks like a bad Mid-Term investment with a projected -14.41% first-year return on $170k initial cash invested.
-14.41%
Cash On Cash
3.66%
Cap Rate
0.55
DSCR
$5,078
Rent
-$2,037
Cashflow
Cash Flow
$5,078 income − $7,115 expenses = $2,037 out of pocket
Investment Breakdown
|
Purchase Price
$722k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$170k
Downpayment
20%
$144k
Closing costs
1%
$7,222
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$5,078
Total Expenses
$7,115
Mortgage P&I
80%
$4,039
Property Taxes
22%
$1,093
Home Insurance
5%
$257
HOA
0%
$0
Property Management
12%
$609
CapEx
4%
$203
Vacancy
3%
$152
Maintenance
4%
$203
Other
11%
$559