This property looks like a bad Mid-Term investment with a projected -16.52% first-year return on $170k initial cash invested.
-16.52%
Cash On Cash
2.6%
Cap Rate
0.41
DSCR
$3,170
Rent
-$2,343
Cashflow
Cash Flow
$3,170 income − $5,513 expenses = $2,343 out of pocket
Investment Breakdown
|
Purchase Price
$725k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$170k
Downpayment
20%
$145k
Closing costs
1%
$7,249
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$3,170
Total Expenses
$5,513
Mortgage P&I
119%
$3,785
Property Taxes
6%
$188
Home Insurance
8%
$254
HOA
7%
$208
Property Management
12%
$380
CapEx
4%
$127
Vacancy
3%
$95
Maintenance
4%
$127
Other
11%
$349