This property looks like a bad Mid-Term investment with a projected -13.86% first-year return on $172k initial cash invested.
-13.86%
Cash On Cash
3.29%
Cap Rate
0.52
DSCR
$3,555
Rent
-$1,986
Cashflow
Cash Flow
$3,555 income − $5,541 expenses = $1,986 out of pocket
Investment Breakdown
|
Purchase Price
$733k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$172k
Downpayment
20%
$147k
Closing costs
1%
$7,331
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$3,555
Total Expenses
$5,541
Mortgage P&I
108%
$3,852
Property Taxes
6%
$209
Home Insurance
8%
$271
HOA
0%
$0
Property Management
12%
$427
CapEx
4%
$142
Vacancy
3%
$107
Maintenance
4%
$142
Other
11%
$391