This property looks like a bad Mid-Term investment with a projected -7.72% first-year return on $206k initial cash invested.
-7.72%
Cash On Cash
4.98%
Cap Rate
0.78
DSCR
$7,140
Rent
-$1,325
Cashflow
Cash Flow
$7,140 income − $8,465 expenses = $1,325 out of pocket
Investment Breakdown
|
Purchase Price
$895k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$206k
Downpayment
20%
$179k
Closing costs
1%
$8,949
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$7,140
Total Expenses
$8,465
Mortgage P&I
67%
$4,754
Property Taxes
14%
$968
Home Insurance
4%
$315
HOA
0%
$0
Property Management
12%
$857
CapEx
4%
$286
Vacancy
3%
$214
Maintenance
4%
$286
Other
11%
$785