This property looks like a bad Mid-Term investment with a projected -12.94% first-year return on $170k initial cash invested.
-12.94%
Cash On Cash
3.32%
Cap Rate
0.54
DSCR
$3,898
Rent
-$1,838
Cashflow
Cash Flow
$3,898 income − $5,736 expenses = $1,838 out of pocket
Investment Breakdown
|
Purchase Price
$726k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$170k
Downpayment
20%
$145k
Closing costs
1%
$7,261
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$3,898
Total Expenses
$5,736
Mortgage P&I
95%
$3,691
Property Taxes
12%
$460
Home Insurance
7%
$259
HOA
0%
$0
Property Management
12%
$468
CapEx
4%
$156
Vacancy
3%
$117
Maintenance
4%
$156
Other
11%
$429