This property looks like a bad Mid-Term investment with a projected -9.61% first-year return on $202k initial cash invested.
-9.61%
Cash On Cash
4.15%
Cap Rate
0.69
DSCR
$5,682
Rent
-$1,619
Cashflow
Cash Flow
$5,682 income − $7,301 expenses = $1,619 out of pocket
Investment Breakdown
|
Purchase Price
$877k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$202k
Downpayment
20%
$175k
Closing costs
1%
$8,766
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$5,682
Total Expenses
$7,301
Mortgage P&I
78%
$4,426
Property Taxes
11%
$629
Home Insurance
6%
$315
HOA
0%
$0
Property Management
12%
$682
CapEx
4%
$227
Vacancy
3%
$170
Maintenance
4%
$227
Other
11%
$625