This property looks like a bad Mid-Term investment with a projected -13.52% first-year return on $172k initial cash invested.
-13.52%
Cash On Cash
3.62%
Cap Rate
0.56
DSCR
$4,574
Rent
-$1,943
Cashflow
Cash Flow
$4,574 income − $6,517 expenses = $1,943 out of pocket
Investment Breakdown
|
Purchase Price
$736k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$172k
Downpayment
20%
$147k
Closing costs
1%
$7,357
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$4,574
Total Expenses
$6,517
Mortgage P&I
87%
$3,977
Property Taxes
16%
$731
Home Insurance
6%
$254
HOA
0%
$0
Property Management
12%
$549
CapEx
4%
$183
Vacancy
3%
$137
Maintenance
4%
$183
Other
11%
$503