This property looks like a bad Mid-Term investment with a projected -10.89% first-year return on $168k initial cash invested.
-10.89%
Cash On Cash
4.36%
Cap Rate
0.66
DSCR
$4,768
Rent
-$1,525
Cashflow
Cash Flow
$4,768 income − $6,293 expenses = $1,525 out of pocket
Investment Breakdown
|
Purchase Price
$714k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$168k
Downpayment
20%
$143k
Closing costs
1%
$7,142
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,768
Total Expenses
$6,293
Mortgage P&I
82%
$3,929
Property Taxes
9%
$421
Home Insurance
5%
$262
HOA
1%
$60
Property Management
12%
$572
CapEx
4%
$191
Vacancy
3%
$143
Maintenance
4%
$191
Other
11%
$524