This property looks like a bad Mid-Term investment with a projected -10.89% first-year return on $172k initial cash invested.
-10.89%
Cash On Cash
4.19%
Cap Rate
0.65
DSCR
$5,001
Rent
-$1,562
Cashflow
Cash Flow
$5,001 income − $6,563 expenses = $1,562 out of pocket
Investment Breakdown
|
Purchase Price
$734k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$172k
Downpayment
20%
$147k
Closing costs
1%
$7,336
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$5,001
Total Expenses
$6,563
Mortgage P&I
78%
$3,921
Property Taxes
14%
$680
Home Insurance
5%
$262
HOA
0%
$0
Property Management
12%
$600
CapEx
4%
$200
Vacancy
3%
$150
Maintenance
4%
$200
Other
11%
$550