This property looks like a bad Mid-Term investment with a projected -17.89% first-year return on $183k initial cash invested.
-17.89%
Cash On Cash
2.65%
Cap Rate
0.4
DSCR
$3,372
Rent
-$2,726
Cashflow
Cash Flow
$3,372 income − $6,098 expenses = $2,726 out of pocket
Investment Breakdown
|
Purchase Price
$785k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$183k
Downpayment
20%
$157k
Closing costs
1%
$7,849
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$3,372
Total Expenses
$6,098
Mortgage P&I
128%
$4,323
Property Taxes
10%
$353
Home Insurance
8%
$275
HOA
0%
$0
Property Management
12%
$405
CapEx
4%
$135
Vacancy
3%
$101
Maintenance
4%
$135
Other
11%
$371