This property looks like a bad Mid-Term investment with a projected -11.79% first-year return on $186k initial cash invested.
-11.79%
Cash On Cash
4.15%
Cap Rate
0.63
DSCR
$5,355
Rent
-$1,826
Cashflow
Cash Flow
$5,355 income − $7,181 expenses = $1,826 out of pocket
Investment Breakdown
|
Purchase Price
$799k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$186k
Downpayment
20%
$160k
Closing costs
1%
$7,990
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$5,355
Total Expenses
$7,181
Mortgage P&I
82%
$4,374
Property Taxes
13%
$706
Home Insurance
5%
$280
HOA
0%
$0
Property Management
12%
$643
CapEx
4%
$214
Vacancy
3%
$161
Maintenance
4%
$214
Other
11%
$589