This property looks like a bad Mid-Term investment with a projected -9.54% first-year return on $181k initial cash invested.
-9.54%
Cash On Cash
4.64%
Cap Rate
0.71
DSCR
$5,595
Rent
-$1,435
Cashflow
Cash Flow
$5,595 income − $7,030 expenses = $1,435 out of pocket
Investment Breakdown
|
Purchase Price
$774k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$181k
Downpayment
20%
$155k
Closing costs
1%
$7,742
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$5,595
Total Expenses
$7,030
Mortgage P&I
75%
$4,204
Property Taxes
12%
$662
Home Insurance
5%
$262
HOA
0%
$0
Property Management
12%
$671
CapEx
4%
$224
Vacancy
3%
$168
Maintenance
4%
$224
Other
11%
$615