This property looks like a bad Mid-Term investment with a projected -11.05% first-year return on $173k initial cash invested.
-11.05%
Cash On Cash
4.21%
Cap Rate
0.65
DSCR
$5,163
Rent
-$1,594
Cashflow
Cash Flow
$5,163 income − $6,757 expenses = $1,594 out of pocket
Investment Breakdown
|
Purchase Price
$739k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$173k
Downpayment
20%
$148k
Closing costs
1%
$7,388
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$5,163
Total Expenses
$6,757
Mortgage P&I
77%
$3,977
Property Taxes
15%
$787
Home Insurance
5%
$236
HOA
0%
$0
Property Management
12%
$620
CapEx
4%
$207
Vacancy
3%
$155
Maintenance
4%
$207
Other
11%
$568