This property looks like a bad Mid-Term investment with a projected -6.7% first-year return on $170k initial cash invested.
-6.7%
Cash On Cash
5.21%
Cap Rate
0.81
DSCR
$5,427
Rent
-$951
Cashflow
Cash Flow
$5,427 income − $6,378 expenses = $951 out of pocket
Investment Breakdown
|
Purchase Price
$725k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$170k
Downpayment
20%
$145k
Closing costs
1%
$7,250
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$5,427
Total Expenses
$6,378
Mortgage P&I
72%
$3,884
Property Taxes
7%
$395
Home Insurance
5%
$254
HOA
0%
$0
Property Management
12%
$651
CapEx
4%
$217
Vacancy
3%
$163
Maintenance
4%
$217
Other
11%
$597