This property looks like a bad Mid-Term investment with a projected -10.89% first-year return on $196k initial cash invested.
-10.89%
Cash On Cash
3.82%
Cap Rate
0.63
DSCR
$4,868
Rent
-$1,776
Cashflow
Cash Flow
$4,868 income − $6,644 expenses = $1,776 out of pocket
Investment Breakdown
|
Purchase Price
$847k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$196k
Downpayment
20%
$169k
Closing costs
1%
$8,465
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$4,868
Total Expenses
$6,644
Mortgage P&I
88%
$4,274
Property Taxes
8%
$409
Home Insurance
6%
$306
HOA
0%
$0
Property Management
12%
$584
CapEx
4%
$195
Vacancy
3%
$146
Maintenance
4%
$195
Other
11%
$535