This property looks like a bad Mid-Term investment with a projected -13.65% first-year return on $171k initial cash invested.
-13.65%
Cash On Cash
3.26%
Cap Rate
0.53
DSCR
$3,987
Rent
-$1,946
Cashflow
Cash Flow
$3,987 income − $5,933 expenses = $1,946 out of pocket
Investment Breakdown
|
Purchase Price
$729k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$171k
Downpayment
20%
$146k
Closing costs
1%
$7,287
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$3,987
Total Expenses
$5,933
Mortgage P&I
95%
$3,768
Property Taxes
14%
$548
Home Insurance
7%
$262
HOA
0%
$0
Property Management
12%
$478
CapEx
4%
$159
Vacancy
3%
$120
Maintenance
4%
$159
Other
11%
$439