This property looks like a bad Mid-Term investment with a projected -15.82% first-year return on $183k initial cash invested.
-15.82%
Cash On Cash
3.08%
Cap Rate
0.47
DSCR
$4,332
Rent
-$2,413
Cashflow
Cash Flow
$4,332 income − $6,745 expenses = $2,413 out of pocket
Investment Breakdown
|
Purchase Price
$786k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$183k
Downpayment
20%
$157k
Closing costs
1%
$7,859
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$4,332
Total Expenses
$6,745
Mortgage P&I
98%
$4,254
Property Taxes
13%
$579
Home Insurance
6%
$280
HOA
4%
$159
Property Management
12%
$520
CapEx
4%
$173
Vacancy
3%
$130
Maintenance
4%
$173
Other
11%
$477