This property looks like a bad Mid-Term investment with a projected -0.41% first-year return on $190k initial cash invested.
-0.41%
Cash On Cash
6.75%
Cap Rate
1.06
DSCR
$8,262
Rent
-$64
Cashflow
Cash Flow
$8,262 income − $8,326 expenses = $64 out of pocket
Investment Breakdown
|
Purchase Price
$817k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$190k
Downpayment
20%
$163k
Closing costs
1%
$8,171
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$8,262
Total Expenses
$8,326
Mortgage P&I
52%
$4,330
Property Taxes
11%
$885
Home Insurance
4%
$303
HOA
0%
$0
Property Management
12%
$991
CapEx
4%
$330
Vacancy
3%
$248
Maintenance
4%
$330
Other
11%
$909