This property looks like a bad Mid-Term investment with a projected -9.75% first-year return on $170k initial cash invested.
-9.75%
Cash On Cash
4.58%
Cap Rate
0.7
DSCR
$5,364
Rent
-$1,384
Cashflow
Cash Flow
$5,364 income − $6,748 expenses = $1,384 out of pocket
Investment Breakdown
|
Purchase Price
$726k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$170k
Downpayment
20%
$145k
Closing costs
1%
$7,255
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$5,364
Total Expenses
$6,748
Mortgage P&I
73%
$3,939
Property Taxes
14%
$729
Home Insurance
5%
$255
HOA
0%
$0
Property Management
12%
$644
CapEx
4%
$215
Vacancy
3%
$161
Maintenance
4%
$215
Other
11%
$590