This property looks like a bad Mid-Term investment with a projected -15.36% first-year return on $184k initial cash invested.
-15.36%
Cash On Cash
2.74%
Cap Rate
0.45
DSCR
$3,588
Rent
-$2,353
Cashflow
Cash Flow
$3,588 income − $5,941 expenses = $2,353 out of pocket
Investment Breakdown
|
Purchase Price
$790k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$184k
Downpayment
20%
$158k
Closing costs
1%
$7,899
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$3,588
Total Expenses
$5,941
Mortgage P&I
112%
$4,014
Property Taxes
12%
$429
Home Insurance
8%
$276
HOA
0%
$0
Property Management
12%
$431
CapEx
4%
$144
Vacancy
3%
$108
Maintenance
4%
$144
Other
11%
$395