This property looks like a bad Mid-Term investment with a projected -11.1% first-year return on $186k initial cash invested.
-11.1%
Cash On Cash
3.82%
Cap Rate
0.63
DSCR
$5,156
Rent
-$1,721
Cashflow
Cash Flow
$5,156 income − $6,877 expenses = $1,721 out of pocket
Investment Breakdown
|
Purchase Price
$800k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$186k
Downpayment
20%
$160k
Closing costs
1%
$8,001
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$5,156
Total Expenses
$6,877
Mortgage P&I
79%
$4,061
Property Taxes
15%
$783
Home Insurance
5%
$280
HOA
0%
$0
Property Management
12%
$619
CapEx
4%
$206
Vacancy
3%
$155
Maintenance
4%
$206
Other
11%
$567