This property looks like a bad Mid-Term investment with a projected -9.62% first-year return on $192k initial cash invested.
-9.62%
Cash On Cash
4.46%
Cap Rate
0.7
DSCR
$5,358
Rent
-$1,538
Cashflow
Cash Flow
$5,358 income − $6,896 expenses = $1,538 out of pocket
Investment Breakdown
|
Purchase Price
$827k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$192k
Downpayment
20%
$165k
Closing costs
1%
$8,274
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$5,358
Total Expenses
$6,896
Mortgage P&I
82%
$4,396
Property Taxes
7%
$352
Home Insurance
5%
$294
HOA
1%
$33
Property Management
12%
$643
CapEx
4%
$214
Vacancy
3%
$161
Maintenance
4%
$214
Other
11%
$589