This property looks like a bad Mid-Term investment with a projected -12.86% first-year return on $172k initial cash invested.
-12.86%
Cash On Cash
3.35%
Cap Rate
0.55
DSCR
$4,558
Rent
-$1,839
Cashflow
Cash Flow
$4,558 income − $6,397 expenses = $1,839 out of pocket
Investment Breakdown
|
Purchase Price
$732k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$172k
Downpayment
20%
$146k
Closing costs
1%
$7,316
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$4,558
Total Expenses
$6,397
Mortgage P&I
81%
$3,698
Property Taxes
19%
$854
Home Insurance
6%
$262
HOA
1%
$34
Property Management
12%
$547
CapEx
4%
$182
Vacancy
3%
$137
Maintenance
4%
$182
Other
11%
$501