This property looks like a bad Mid-Term investment with a projected -7.61% first-year return on $172k initial cash invested.
-7.61%
Cash On Cash
5.11%
Cap Rate
0.79
DSCR
$6,104
Rent
-$1,088
Cashflow
Cash Flow
$6,104 income − $7,192 expenses = $1,088 out of pocket
Investment Breakdown
|
Purchase Price
$732k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$172k
Downpayment
20%
$146k
Closing costs
1%
$7,317
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$6,104
Total Expenses
$7,192
Mortgage P&I
65%
$3,958
Property Taxes
12%
$712
Home Insurance
4%
$260
HOA
3%
$188
Property Management
12%
$732
CapEx
4%
$244
Vacancy
3%
$183
Maintenance
4%
$244
Other
11%
$671