This property looks like a bad Mid-Term investment with a projected -7.57% first-year return on $172k initial cash invested.
-7.57%
Cash On Cash
5.12%
Cap Rate
0.79
DSCR
$5,757
Rent
-$1,084
Cashflow
Cash Flow
$5,757 income − $6,841 expenses = $1,084 out of pocket
Investment Breakdown
|
Purchase Price
$733k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$172k
Downpayment
20%
$147k
Closing costs
1%
$7,328
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$5,757
Total Expenses
$6,841
Mortgage P&I
69%
$3,983
Property Taxes
11%
$646
Home Insurance
4%
$255
HOA
0%
$0
Property Management
12%
$691
CapEx
4%
$230
Vacancy
3%
$173
Maintenance
4%
$230
Other
11%
$633