This property looks like a bad Mid-Term investment with a projected -11.78% first-year return on $172k initial cash invested.
-11.78%
Cash On Cash
3.62%
Cap Rate
0.59
DSCR
$4,108
Rent
-$1,692
Cashflow
Cash Flow
$4,108 income − $5,800 expenses = $1,692 out of pocket
Investment Breakdown
|
Purchase Price
$735k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$172k
Downpayment
20%
$147k
Closing costs
1%
$7,351
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$4,108
Total Expenses
$5,800
Mortgage P&I
91%
$3,745
Property Taxes
10%
$397
Home Insurance
6%
$262
HOA
0%
$0
Property Management
12%
$493
CapEx
4%
$164
Vacancy
3%
$123
Maintenance
4%
$164
Other
11%
$452