This property looks like a bad Mid-Term investment with a projected -0.53% first-year return on $170k initial cash invested.
-0.53%
Cash On Cash
6.84%
Cap Rate
1.06
DSCR
$7,444
Rent
-$75
Cashflow
Cash Flow
$7,444 income − $7,519 expenses = $75 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
$7,444
Total Expenses
$7,519
Mortgage P&I
52%
$3,907
Property Taxes
10%
$707
Home Insurance
3%
$254
HOA
2%
$120
Property Management
12%
$893
CapEx
4%
$298
Vacancy
3%
$223
Maintenance
4%
$298
Other
11%
$819