This property looks like a bad Mid-Term investment with a projected -12.63% first-year return on $172k initial cash invested.
-12.63%
Cash On Cash
3.87%
Cap Rate
0.59
DSCR
$4,288
Rent
-$1,806
Cashflow
Cash Flow
$4,288 income − $6,094 expenses = $1,806 out of pocket
Investment Breakdown
|
Purchase Price
$731k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$172k
Downpayment
20%
$146k
Closing costs
1%
$7,314
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$4,288
Total Expenses
$6,094
Mortgage P&I
93%
$3,992
Property Taxes
9%
$376
Home Insurance
6%
$266
HOA
0%
$0
Property Management
12%
$515
CapEx
4%
$172
Vacancy
3%
$129
Maintenance
4%
$172
Other
11%
$472