This property looks like a bad Mid-Term investment with a projected -18.93% first-year return on $168k initial cash invested.
-18.93%
Cash On Cash
2.43%
Cap Rate
0.36
DSCR
$3,036
Rent
-$2,649
Cashflow
Cash Flow
$3,036 income − $5,685 expenses = $2,649 out of pocket
Investment Breakdown
|
Purchase Price
$714k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$168k
Downpayment
20%
$143k
Closing costs
1%
$7,138
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$3,036
Total Expenses
$5,685
Mortgage P&I
131%
$3,971
Property Taxes
14%
$423
Home Insurance
9%
$260
HOA
0%
$0
Property Management
12%
$364
CapEx
4%
$121
Vacancy
3%
$91
Maintenance
4%
$121
Other
11%
$334