This property looks like a bad Mid-Term investment with a projected -10.28% first-year return on $192k initial cash invested.
-10.28%
Cash On Cash
4.05%
Cap Rate
0.66
DSCR
$5,878
Rent
-$1,648
Cashflow
Cash Flow
$5,878 income − $7,526 expenses = $1,648 out of pocket
Investment Breakdown
|
Purchase Price
$830k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$192k
Downpayment
20%
$166k
Closing costs
1%
$8,301
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$5,878
Total Expenses
$7,526
Mortgage P&I
72%
$4,214
Property Taxes
18%
$1,048
Home Insurance
5%
$266
HOA
0%
$0
Property Management
12%
$705
CapEx
4%
$235
Vacancy
3%
$176
Maintenance
4%
$235
Other
11%
$647