This property looks like a bad Mid-Term investment with a projected -10.19% first-year return on $182k initial cash invested.
-10.19%
Cash On Cash
4.46%
Cap Rate
0.69
DSCR
$5,670
Rent
-$1,547
Cashflow
Cash Flow
$5,670 income − $7,217 expenses = $1,547 out of pocket
Investment Breakdown
|
Purchase Price
$782k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$182k
Downpayment
20%
$156k
Closing costs
1%
$7,818
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$5,670
Total Expenses
$7,217
Mortgage P&I
74%
$4,223
Property Taxes
14%
$786
Home Insurance
5%
$280
HOA
0%
$0
Property Management
12%
$680
CapEx
4%
$227
Vacancy
3%
$170
Maintenance
4%
$227
Other
11%
$624