This property looks like a bad Mid-Term investment with a projected -11.69% first-year return on $181k initial cash invested.
-11.69%
Cash On Cash
3.65%
Cap Rate
0.6
DSCR
$4,108
Rent
-$1,763
Cashflow
Cash Flow
$4,108 income − $5,871 expenses = $1,763 out of pocket
Investment Breakdown
|
Purchase Price
$776k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$181k
Downpayment
20%
$155k
Closing costs
1%
$7,760
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$4,108
Total Expenses
$5,871
Mortgage P&I
96%
$3,961
Property Taxes
5%
$200
Home Insurance
7%
$272
HOA
1%
$42
Property Management
12%
$493
CapEx
4%
$164
Vacancy
3%
$123
Maintenance
4%
$164
Other
11%
$452