This property looks like a bad Mid-Term investment with a projected -15.39% first-year return on $171k initial cash invested.
-15.39%
Cash On Cash
3.06%
Cap Rate
0.48
DSCR
$3,693
Rent
-$2,193
Cashflow
Cash Flow
$3,693 income − $5,886 expenses = $2,193 out of pocket
Investment Breakdown
|
Purchase Price
$728k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$171k
Downpayment
20%
$146k
Closing costs
1%
$7,284
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$3,693
Total Expenses
$5,886
Mortgage P&I
106%
$3,905
Property Taxes
13%
$463
Home Insurance
7%
$262
HOA
0%
$0
Property Management
12%
$443
CapEx
4%
$148
Vacancy
3%
$111
Maintenance
4%
$148
Other
11%
$406