This property looks like a bad Mid-Term investment with a projected -9.41% first-year return on $170k initial cash invested.
-9.41%
Cash On Cash
4.79%
Cap Rate
0.72
DSCR
$5,444
Rent
-$1,335
Cashflow
Cash Flow
$5,444 income − $6,779 expenses = $1,335 out of pocket
Investment Breakdown
|
Purchase Price
$725k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$170k
Downpayment
20%
$145k
Closing costs
1%
$7,252
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$5,444
Total Expenses
$6,779
Mortgage P&I
74%
$4,010
Property Taxes
12%
$668
Home Insurance
5%
$250
HOA
0%
$0
Property Management
12%
$653
CapEx
4%
$218
Vacancy
3%
$163
Maintenance
4%
$218
Other
11%
$599