This property looks like a bad Mid-Term investment with a projected -6.95% first-year return on $170k initial cash invested.
-6.95%
Cash On Cash
5.12%
Cap Rate
0.8
DSCR
$5,794
Rent
-$986
Cashflow
Cash Flow
$5,794 income − $6,780 expenses = $986 out of pocket
Investment Breakdown
|
Purchase Price
$725k
Downpayment
20.0%
Interest Rate
7.0%
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
$5,794
Total Expenses
$6,780
Mortgage P&I
66%
$3,849
Property Taxes
12%
$707
Home Insurance
4%
$254
HOA
0%
$0
Property Management
12%
$695
CapEx
4%
$232
Vacancy
3%
$174
Maintenance
4%
$232
Other
11%
$637