This property looks like a bad Mid-Term investment with a projected -11.68% first-year return on $184k initial cash invested.
-11.68%
Cash On Cash
4.27%
Cap Rate
0.64
DSCR
$4,770
Rent
-$1,795
Cashflow
Cash Flow
$4,770 income − $6,565 expenses = $1,795 out of pocket
Investment Breakdown
|
Purchase Price
$793k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$184k
Downpayment
20%
$159k
Closing costs
1%
$7,925
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$4,770
Total Expenses
$6,565
Mortgage P&I
93%
$4,426
Property Taxes
4%
$192
Home Insurance
6%
$280
HOA
1%
$45
Property Management
12%
$572
CapEx
4%
$191
Vacancy
3%
$143
Maintenance
4%
$191
Other
11%
$525