This property looks like a bad Mid-Term investment with a projected -9.83% first-year return on $173k initial cash invested.
-9.83%
Cash On Cash
4.16%
Cap Rate
0.67
DSCR
$4,440
Rent
-$1,419
Cashflow
Cash Flow
$4,440 income − $5,859 expenses = $1,419 out of pocket
Investment Breakdown
|
Purchase Price
$739k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$173k
Downpayment
20%
$148k
Closing costs
1%
$7,390
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$4,440
Total Expenses
$5,859
Mortgage P&I
86%
$3,800
Property Taxes
7%
$290
Home Insurance
6%
$259
HOA
0%
$0
Property Management
12%
$533
CapEx
4%
$178
Vacancy
3%
$133
Maintenance
4%
$178
Other
11%
$488