This property looks like a bad Mid-Term investment with a projected -4.07% first-year return on $170k initial cash invested.
-4.07%
Cash On Cash
5.44%
Cap Rate
0.9
DSCR
$5,308
Rent
-$577
Cashflow
Cash Flow
$5,308 income − $5,885 expenses = $577 out of pocket
Investment Breakdown
|
Purchase Price
$725k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$170k
Downpayment
20%
$145k
Closing costs
1%
$7,249
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$5,308
Total Expenses
$5,885
Mortgage P&I
69%
$3,654
Property Taxes
3%
$173
Home Insurance
5%
$254
HOA
0%
$0
Property Management
12%
$637
CapEx
4%
$212
Vacancy
3%
$159
Maintenance
4%
$212
Other
11%
$584