This property looks like a bad Mid-Term investment with a projected -8.49% first-year return on $171k initial cash invested.
-8.49%
Cash On Cash
4.95%
Cap Rate
0.75
DSCR
$5,637
Rent
-$1,212
Cashflow
Cash Flow
$5,637 income − $6,849 expenses = $1,212 out of pocket
Investment Breakdown
|
Purchase Price
$730k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$171k
Downpayment
20%
$146k
Closing costs
1%
$7,300
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$5,637
Total Expenses
$6,849
Mortgage P&I
71%
$3,997
Property Taxes
12%
$681
Home Insurance
5%
$256
HOA
0%
$0
Property Management
12%
$676
CapEx
4%
$225
Vacancy
3%
$169
Maintenance
4%
$225
Other
11%
$620