This property looks like a bad Mid-Term investment with a projected -8.69% first-year return on $167k initial cash invested.
-8.69%
Cash On Cash
4.68%
Cap Rate
0.73
DSCR
$5,242
Rent
-$1,209
Cashflow
Cash Flow
$5,242 income − $6,451 expenses = $1,209 out of pocket
Investment Breakdown
|
Purchase Price
$710k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$167k
Downpayment
20%
$142k
Closing costs
1%
$7,096
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$5,242
Total Expenses
$6,451
Mortgage P&I
72%
$3,767
Property Taxes
12%
$620
Home Insurance
5%
$273
HOA
0%
$8
Property Management
12%
$629
CapEx
4%
$210
Vacancy
3%
$157
Maintenance
4%
$210
Other
11%
$577