This property looks like a bad Mid-Term investment with a projected -8.04% first-year return on $168k initial cash invested.
-8.04%
Cash On Cash
5.08%
Cap Rate
0.77
DSCR
$5,439
Rent
-$1,123
Cashflow
Cash Flow
$5,439 income − $6,562 expenses = $1,123 out of pocket
Investment Breakdown
|
Purchase Price
$713k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$168k
Downpayment
20%
$143k
Closing costs
1%
$7,125
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$5,439
Total Expenses
$6,562
Mortgage P&I
72%
$3,920
Property Taxes
8%
$432
Home Insurance
5%
$257
HOA
2%
$103
Property Management
12%
$653
CapEx
4%
$218
Vacancy
3%
$163
Maintenance
4%
$218
Other
11%
$598