This property looks like a bad Mid-Term investment with a projected -13.68% first-year return on $172k initial cash invested.
-13.68%
Cash On Cash
3.47%
Cap Rate
0.54
DSCR
$3,616
Rent
-$1,964
Cashflow
Cash Flow
$3,616 income − $5,580 expenses = $1,964 out of pocket
Investment Breakdown
|
Purchase Price
$735k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$172k
Downpayment
20%
$147k
Closing costs
1%
$7,349
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$3,616
Total Expenses
$5,580
Mortgage P&I
109%
$3,943
Property Taxes
4%
$150
Home Insurance
7%
$257
HOA
0%
$0
Property Management
12%
$434
CapEx
4%
$145
Vacancy
3%
$108
Maintenance
4%
$145
Other
11%
$398