This property looks like a bad Mid-Term investment with a projected -12.34% first-year return on $169k initial cash invested.
-12.34%
Cash On Cash
3.43%
Cap Rate
0.57
DSCR
$4,598
Rent
-$1,736
Cashflow
Cash Flow
$4,598 income − $6,334 expenses = $1,736 out of pocket
Investment Breakdown
|
Purchase Price
$718k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$169k
Downpayment
20%
$144k
Closing costs
1%
$7,181
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,598
Total Expenses
$6,334
Mortgage P&I
78%
$3,602
Property Taxes
20%
$906
Home Insurance
6%
$262
HOA
0%
$0
Property Management
12%
$552
CapEx
4%
$184
Vacancy
3%
$138
Maintenance
4%
$184
Other
11%
$506