This property looks like a bad Mid-Term investment with a projected -9.08% first-year return on $181k initial cash invested.
-9.08%
Cash On Cash
4.65%
Cap Rate
0.73
DSCR
$5,856
Rent
-$1,367
Cashflow
Cash Flow
$5,856 income − $7,223 expenses = $1,367 out of pocket
Investment Breakdown
|
Purchase Price
$775k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$181k
Downpayment
20%
$155k
Closing costs
1%
$7,749
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$5,856
Total Expenses
$7,223
Mortgage P&I
71%
$4,134
Property Taxes
14%
$818
Home Insurance
5%
$280
HOA
0%
$0
Property Management
12%
$703
CapEx
4%
$234
Vacancy
3%
$176
Maintenance
4%
$234
Other
11%
$644