This property looks like a bad Mid-Term investment with a projected -13.73% first-year return on $191k initial cash invested.
-13.73%
Cash On Cash
3.72%
Cap Rate
0.56
DSCR
$4,388
Rent
-$2,189
Cashflow
Cash Flow
$4,388 income − $6,577 expenses = $2,189 out of pocket
Investment Breakdown
|
Purchase Price
$825k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$191k
Downpayment
20%
$165k
Closing costs
1%
$8,250
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$4,388
Total Expenses
$6,577
Mortgage P&I
104%
$4,569
Property Taxes
5%
$225
Home Insurance
7%
$289
HOA
0%
$0
Property Management
12%
$527
CapEx
4%
$176
Vacancy
3%
$132
Maintenance
4%
$176
Other
11%
$483