This property looks like a bad Mid-Term investment with a projected -18.23% first-year return on $170k initial cash invested.
-18.23%
Cash On Cash
1.86%
Cap Rate
0.31
DSCR
$2,038
Rent
-$2,586
Cashflow
Cash Flow
$2,038 income − $4,624 expenses = $2,586 out of pocket
Investment Breakdown
|
Purchase Price
$725k
Downpayment
20.0%
Interest Rate
6.4%
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
$2,038
Total Expenses
$4,624
Mortgage P&I
178%
$3,626
Property Taxes
2%
$50
Home Insurance
12%
$254
HOA
0%
$0
Property Management
12%
$245
CapEx
4%
$82
Vacancy
3%
$61
Maintenance
4%
$82
Other
11%
$224