This property looks like a bad Mid-Term investment with a projected -10.03% first-year return on $181k initial cash invested.
-10.03%
Cash On Cash
4.59%
Cap Rate
0.7
DSCR
$6,249
Rent
-$1,510
Cashflow
Cash Flow
$6,249 income − $7,759 expenses = $1,510 out of pocket
Investment Breakdown
|
Purchase Price
$775k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$181k
Downpayment
20%
$155k
Closing costs
1%
$7,747
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$6,249
Total Expenses
$7,759
Mortgage P&I
68%
$4,220
Property Taxes
12%
$731
Home Insurance
4%
$269
HOA
7%
$415
Property Management
12%
$750
CapEx
4%
$250
Vacancy
3%
$187
Maintenance
4%
$250
Other
11%
$687