This property looks like a bad Mid-Term investment with a projected -11.27% first-year return on $186k initial cash invested.
-11.27%
Cash On Cash
4.12%
Cap Rate
0.64
DSCR
$5,684
Rent
-$1,746
Cashflow
Cash Flow
$5,684 income − $7,430 expenses = $1,746 out of pocket
Investment Breakdown
|
Purchase Price
$800k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$186k
Downpayment
20%
$160k
Closing costs
1%
$7,999
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$5,684
Total Expenses
$7,430
Mortgage P&I
75%
$4,267
Property Taxes
17%
$951
Home Insurance
5%
$280
HOA
0%
$0
Property Management
12%
$682
CapEx
4%
$227
Vacancy
3%
$171
Maintenance
4%
$227
Other
11%
$625