This property looks like a bad Mid-Term investment with a projected -9.61% first-year return on $171k initial cash invested.
-9.61%
Cash On Cash
4.61%
Cap Rate
0.71
DSCR
$5,246
Rent
-$1,369
Cashflow
Cash Flow
$5,246 income − $6,615 expenses = $1,369 out of pocket
Investment Breakdown
|
Purchase Price
$728k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$171k
Downpayment
20%
$146k
Closing costs
1%
$7,280
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$5,246
Total Expenses
$6,615
Mortgage P&I
75%
$3,954
Property Taxes
12%
$615
Home Insurance
5%
$262
HOA
0%
$0
Property Management
12%
$630
CapEx
4%
$210
Vacancy
3%
$157
Maintenance
4%
$210
Other
11%
$577