This property looks like a bad Mid-Term investment with a projected -13.53% first-year return on $199k initial cash invested.
-13.53%
Cash On Cash
3.79%
Cap Rate
0.57
DSCR
$5,536
Rent
-$2,245
Cashflow
Cash Flow
$5,536 income − $7,781 expenses = $2,245 out of pocket
Investment Breakdown
|
Purchase Price
$863k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$199k
Downpayment
20%
$173k
Closing costs
1%
$8,626
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$5,536
Total Expenses
$7,781
Mortgage P&I
86%
$4,751
Property Taxes
14%
$755
Home Insurance
6%
$320
HOA
1%
$74
Property Management
12%
$664
CapEx
4%
$221
Vacancy
3%
$166
Maintenance
4%
$221
Other
11%
$609