This property looks like a bad Mid-Term investment with a projected -11.79% first-year return on $172k initial cash invested.
-11.79%
Cash On Cash
4.03%
Cap Rate
0.62
DSCR
$4,173
Rent
-$1,694
Cashflow
Cash Flow
$4,173 income − $5,867 expenses = $1,694 out of pocket
Investment Breakdown
|
Purchase Price
$735k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$172k
Downpayment
20%
$147k
Closing costs
1%
$7,350
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$4,173
Total Expenses
$5,867
Mortgage P&I
96%
$3,994
Property Taxes
5%
$197
Home Insurance
6%
$257
HOA
0%
$0
Property Management
12%
$501
CapEx
4%
$167
Vacancy
3%
$125
Maintenance
4%
$167
Other
11%
$459