This property looks like a bad Mid-Term investment with a projected -9.67% first-year return on $168k initial cash invested.
-9.67%
Cash On Cash
4.67%
Cap Rate
0.71
DSCR
$5,181
Rent
-$1,357
Cashflow
Cash Flow
$5,181 income − $6,538 expenses = $1,357 out of pocket
Investment Breakdown
|
Purchase Price
$716k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$168k
Downpayment
20%
$143k
Closing costs
1%
$7,163
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$5,181
Total Expenses
$6,538
Mortgage P&I
76%
$3,938
Property Taxes
11%
$591
Home Insurance
5%
$248
HOA
0%
$0
Property Management
12%
$622
CapEx
4%
$207
Vacancy
3%
$155
Maintenance
4%
$207
Other
11%
$570