This property looks like a bad Mid-Term investment with a projected -8.86% first-year return on $171k initial cash invested.
-8.86%
Cash On Cash
4.77%
Cap Rate
0.73
DSCR
$5,336
Rent
-$1,260
Cashflow
Cash Flow
$5,336 income − $6,596 expenses = $1,260 out of pocket
Investment Breakdown
|
Purchase Price
$727k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$171k
Downpayment
20%
$145k
Closing costs
1%
$7,267
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$5,336
Total Expenses
$6,596
Mortgage P&I
74%
$3,933
Property Taxes
11%
$568
Home Insurance
5%
$257
HOA
0%
$25
Property Management
12%
$640
CapEx
4%
$213
Vacancy
3%
$160
Maintenance
4%
$213
Other
11%
$587