This property looks like a bad Mid-Term investment with a projected -7.01% first-year return on $170k initial cash invested.
-7.01%
Cash On Cash
4.73%
Cap Rate
0.78
DSCR
$5,236
Rent
-$994
Cashflow
Cash Flow
$5,236 income − $6,230 expenses = $994 out of pocket
Investment Breakdown
|
Purchase Price
$725k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$170k
Downpayment
20%
$145k
Closing costs
1%
$7,250
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$5,236
Total Expenses
$6,230
Mortgage P&I
70%
$3,642
Property Taxes
10%
$547
Home Insurance
5%
$262
HOA
0%
$0
Property Management
12%
$628
CapEx
4%
$209
Vacancy
3%
$157
Maintenance
4%
$209
Other
11%
$576