This property looks like a bad Mid-Term investment with a projected -9.2% first-year return on $171k initial cash invested.
-9.2%
Cash On Cash
4.73%
Cap Rate
0.72
DSCR
$4,977
Rent
-$1,313
Cashflow
Cash Flow
$4,977 income − $6,290 expenses = $1,313 out of pocket
Investment Breakdown
|
Purchase Price
$730k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$171k
Downpayment
20%
$146k
Closing costs
1%
$7,302
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$4,977
Total Expenses
$6,290
Mortgage P&I
80%
$3,993
Property Taxes
7%
$344
Home Insurance
5%
$262
HOA
0%
$0
Property Management
12%
$597
CapEx
4%
$199
Vacancy
3%
$149
Maintenance
4%
$199
Other
11%
$547