This property looks like a bad Mid-Term investment with a projected -0.88% first-year return on $170k initial cash invested.
-0.88%
Cash On Cash
6.68%
Cap Rate
1.04
DSCR
$7,236
Rent
-$125
Cashflow
Cash Flow
$7,236 income − $7,361 expenses = $125 out of pocket
Investment Breakdown
|
Purchase Price
$726k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$170k
Downpayment
20%
$145k
Closing costs
1%
$7,258
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$7,236
Total Expenses
$7,361
Mortgage P&I
54%
$3,877
Property Taxes
6%
$431
Home Insurance
4%
$259
HOA
5%
$335
Property Management
12%
$868
CapEx
4%
$289
Vacancy
3%
$217
Maintenance
4%
$289
Other
11%
$796