This property looks like a bad Mid-Term investment with a projected -12.96% first-year return on $172k initial cash invested.
-12.96%
Cash On Cash
3.84%
Cap Rate
0.58
DSCR
$4,760
Rent
-$1,858
Cashflow
Cash Flow
$4,760 income − $6,618 expenses = $1,858 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%
$7,333
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$4,760
Total Expenses
$6,618
Mortgage P&I
84%
$4,013
Property Taxes
15%
$725
Home Insurance
6%
$262
HOA
0%
$0
Property Management
12%
$571
CapEx
4%
$190
Vacancy
3%
$143
Maintenance
4%
$190
Other
11%
$524