This property looks like a bad Mid-Term investment with a projected -11.84% first-year return on $172k initial cash invested.
-11.84%
Cash On Cash
3.63%
Cap Rate
0.59
DSCR
$4,218
Rent
-$1,698
Cashflow
Cash Flow
$4,218 income − $5,916 expenses = $1,698 out of pocket
Investment Breakdown
|
Purchase Price
$734k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$172k
Downpayment
20%
$147k
Closing costs
1%
$7,336
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$4,218
Total Expenses
$5,916
Mortgage P&I
89%
$3,749
Property Taxes
11%
$470
Home Insurance
6%
$262
HOA
0%
$0
Property Management
12%
$506
CapEx
4%
$169
Vacancy
3%
$127
Maintenance
4%
$169
Other
11%
$464