This property looks like a bad Mid-Term investment with a projected -11.62% first-year return on $172k initial cash invested.
-11.62%
Cash On Cash
4.08%
Cap Rate
0.63
DSCR
$4,906
Rent
-$1,667
Cashflow
Cash Flow
$4,906 income − $6,573 expenses = $1,667 out of pocket
Investment Breakdown
|
Purchase Price
$734k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$172k
Downpayment
20%
$147k
Closing costs
1%
$7,339
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$4,906
Total Expenses
$6,573
Mortgage P&I
81%
$3,968
Property Taxes
14%
$675
Home Insurance
5%
$262
HOA
0%
$0
Property Management
12%
$589
CapEx
4%
$196
Vacancy
3%
$147
Maintenance
4%
$196
Other
11%
$540