This property looks like a bad Mid-Term investment with a projected -15.68% first-year return on $169k initial cash invested.
-15.68%
Cash On Cash
3.33%
Cap Rate
0.5
DSCR
$4,398
Rent
-$2,208
Cashflow
Cash Flow
$4,398 income − $6,606 expenses = $2,208 out of pocket
Investment Breakdown
|
Purchase Price
$719k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$169k
Downpayment
20%
$144k
Closing costs
1%
$7,192
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,398
Total Expenses
$6,606
Mortgage P&I
92%
$4,027
Property Taxes
13%
$557
Home Insurance
6%
$254
HOA
6%
$272
Property Management
12%
$528
CapEx
4%
$176
Vacancy
3%
$132
Maintenance
4%
$176
Other
11%
$484