This property looks like a bad Mid-Term investment with a projected -8.29% first-year return on $170k initial cash invested.
-8.29%
Cash On Cash
4.97%
Cap Rate
0.76
DSCR
$5,703
Rent
-$1,176
Cashflow
Cash Flow
$5,703 income − $6,879 expenses = $1,176 out of pocket
Investment Breakdown
|
Purchase Price
$725k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$170k
Downpayment
20%
$145k
Closing costs
1%
$7,250
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$5,703
Total Expenses
$6,879
Mortgage P&I
69%
$3,950
Property Taxes
13%
$737
Home Insurance
4%
$254
HOA
0%
$0
Property Management
12%
$684
CapEx
4%
$228
Vacancy
3%
$171
Maintenance
4%
$228
Other
11%
$627