This property looks like a bad Mid-Term investment with a projected -11.43% first-year return on $171k initial cash invested.
-11.43%
Cash On Cash
4.07%
Cap Rate
0.63
DSCR
$4,320
Rent
-$1,631
Cashflow
Cash Flow
$4,320 income − $5,951 expenses = $1,631 out of pocket
Investment Breakdown
|
Purchase Price
$730k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$171k
Downpayment
20%
$146k
Closing costs
1%
$7,296
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$4,320
Total Expenses
$5,951
Mortgage P&I
91%
$3,932
Property Taxes
7%
$288
Home Insurance
6%
$262
HOA
0%
$0
Property Management
12%
$518
CapEx
4%
$173
Vacancy
3%
$130
Maintenance
4%
$173
Other
11%
$475