This property looks like a bad Mid-Term investment with a projected -11.19% first-year return on $186k initial cash invested.
-11.19%
Cash On Cash
4.08%
Cap Rate
0.64
DSCR
$5,090
Rent
-$1,733
Cashflow
Cash Flow
$5,090 income − $6,823 expenses = $1,733 out of pocket
Investment Breakdown
|
Purchase Price
$799k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$186k
Downpayment
20%
$160k
Closing costs
1%
$7,990
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$5,090
Total Expenses
$6,823
Mortgage P&I
83%
$4,247
Property Taxes
11%
$564
Home Insurance
6%
$280
HOA
0%
$0
Property Management
12%
$611
CapEx
4%
$204
Vacancy
3%
$153
Maintenance
4%
$204
Other
11%
$560