This property looks like a bad Mid-Term investment with a projected -10.42% first-year return on $182k initial cash invested.
-10.42%
Cash On Cash
4%
Cap Rate
0.65
DSCR
$4,178
Rent
-$1,581
Cashflow
Cash Flow
$4,178 income − $5,759 expenses = $1,581 out of pocket
Investment Breakdown
|
Purchase Price
$782k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$182k
Downpayment
20%
$156k
Closing costs
1%
$7,816
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$4,178
Total Expenses
$5,759
Mortgage P&I
96%
$4,019
Property Taxes
1%
$40
Home Insurance
7%
$280
HOA
0%
$0
Property Management
12%
$501
CapEx
4%
$167
Vacancy
3%
$125
Maintenance
4%
$167
Other
11%
$460