This property looks like a bad Mid-Term investment with a projected -11.2% first-year return on $170k initial cash invested.
-11.2%
Cash On Cash
4.24%
Cap Rate
0.65
DSCR
$4,732
Rent
-$1,587
Cashflow
Cash Flow
$4,732 income − $6,319 expenses = $1,587 out of pocket
Investment Breakdown
|
Purchase Price
$724k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$170k
Downpayment
20%
$145k
Closing costs
1%
$7,237
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$4,732
Total Expenses
$6,319
Mortgage P&I
84%
$3,958
Property Taxes
10%
$468
Home Insurance
6%
$262
HOA
0%
$22
Property Management
12%
$568
CapEx
4%
$189
Vacancy
3%
$142
Maintenance
4%
$189
Other
11%
$521