This property looks like a bad Mid-Term investment with a projected -10.44% first-year return on $192k initial cash invested.
-10.44%
Cash On Cash
4.47%
Cap Rate
0.68
DSCR
$6,090
Rent
-$1,667
Cashflow
Cash Flow
$6,090 income − $7,757 expenses = $1,667 out of pocket
Investment Breakdown
|
Purchase Price
$827k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$192k
Downpayment
20%
$165k
Closing costs
1%
$8,269
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$6,090
Total Expenses
$7,757
Mortgage P&I
74%
$4,505
Property Taxes
14%
$868
Home Insurance
5%
$312
HOA
0%
$0
Property Management
12%
$731
CapEx
4%
$244
Vacancy
3%
$183
Maintenance
4%
$244
Other
11%
$670