This property looks like a bad Mid-Term investment with a projected -21.23% first-year return on $171k initial cash invested.
-21.23%
Cash On Cash
1.83%
Cap Rate
0.28
DSCR
$4,104
Rent
-$3,021
Cashflow
Cash Flow
$4,104 income − $7,125 expenses = $3,021 out of pocket
Investment Breakdown
|
Purchase Price
$728k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$171k
Downpayment
20%
$146k
Closing costs
1%
$7,275
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$4,104
Total Expenses
$7,125
Mortgage P&I
97%
$3,966
Property Taxes
35%
$1,428
Home Insurance
6%
$262
HOA
2%
$75
Property Management
12%
$492
CapEx
4%
$164
Vacancy
3%
$123
Maintenance
4%
$164
Other
11%
$451