This property looks like a bad Mid-Term investment with a projected -16.98% first-year return on $186k initial cash invested.
-16.98%
Cash On Cash
2.79%
Cap Rate
0.43
DSCR
$4,041
Rent
-$2,636
Cashflow
Cash Flow
$4,041 income − $6,677 expenses = $2,636 out of pocket
Investment Breakdown
|
Purchase Price
$801k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$186k
Downpayment
20%
$160k
Closing costs
1%
$8,013
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$4,041
Total Expenses
$6,677
Mortgage P&I
107%
$4,334
Property Taxes
17%
$670
Home Insurance
7%
$298
HOA
0%
$0
Property Management
12%
$485
CapEx
4%
$162
Vacancy
3%
$121
Maintenance
4%
$162
Other
11%
$445