This property looks like a bad Mid-Term investment with a projected -14.88% first-year return on $172k initial cash invested.
-14.88%
Cash On Cash
3.34%
Cap Rate
0.51
DSCR
$4,143
Rent
-$2,132
Cashflow
Cash Flow
$4,143 income − $6,275 expenses = $2,132 out of pocket
Investment Breakdown
|
Purchase Price
$733k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$172k
Downpayment
20%
$147k
Closing costs
1%
$7,332
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$4,143
Total Expenses
$6,275
Mortgage P&I
97%
$4,008
Property Taxes
4%
$150
Home Insurance
7%
$270
HOA
11%
$438
Property Management
12%
$497
CapEx
4%
$166
Vacancy
3%
$124
Maintenance
4%
$166
Other
11%
$456