This property looks like a bad Mid-Term investment with a projected -0.74% first-year return on $170k initial cash invested.
-0.74%
Cash On Cash
6.75%
Cap Rate
1.05
DSCR
$7,683
Rent
-$105
Cashflow
Cash Flow
$7,683 income − $7,788 expenses = $105 out of pocket
Investment Breakdown
|
Purchase Price
$725k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$170k
Downpayment
20%
$145k
Closing costs
1%
$7,250
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$7,683
Total Expenses
$7,788
Mortgage P&I
50%
$3,875
Property Taxes
14%
$1,048
Home Insurance
3%
$254
HOA
0%
$0
Property Management
12%
$922
CapEx
4%
$307
Vacancy
3%
$230
Maintenance
4%
$307
Other
11%
$845