This property looks like a bad Mid-Term investment with a projected -9.86% first-year return on $182k initial cash invested.
-9.86%
Cash On Cash
4.71%
Cap Rate
0.71
DSCR
$5,560
Rent
-$1,495
Cashflow
Cash Flow
$5,560 income − $7,055 expenses = $1,495 out of pocket
Investment Breakdown
|
Purchase Price
$781k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$182k
Downpayment
20%
$156k
Closing costs
1%
$7,810
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$5,560
Total Expenses
$7,055
Mortgage P&I
78%
$4,337
Property Taxes
10%
$543
Home Insurance
5%
$285
HOA
0%
$0
Property Management
12%
$667
CapEx
4%
$222
Vacancy
3%
$167
Maintenance
4%
$222
Other
11%
$612