This property looks like a bad Mid-Term investment with a projected -13.49% first-year return on $179k initial cash invested.
-13.49%
Cash On Cash
3.25%
Cap Rate
0.54
DSCR
$5,272
Rent
-$2,017
Cashflow
Cash Flow
$5,272 income − $7,289 expenses = $2,017 out of pocket
Investment Breakdown
|
Purchase Price
$769k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$179k
Downpayment
20%
$154k
Closing costs
1%
$7,688
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$5,272
Total Expenses
$7,289
Mortgage P&I
74%
$3,886
Property Taxes
25%
$1,313
Home Insurance
6%
$297
HOA
0%
$0
Property Management
12%
$633
CapEx
4%
$211
Vacancy
3%
$158
Maintenance
4%
$211
Other
11%
$580