This property looks like a bad Mid-Term investment with a projected -18.86% first-year return on $181k initial cash invested.
-18.86%
Cash On Cash
2.56%
Cap Rate
0.38
DSCR
$3,912
Rent
-$2,842
Cashflow
Cash Flow
$3,912 income − $6,754 expenses = $2,842 out of pocket
Investment Breakdown
|
Purchase Price
$775k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$181k
Downpayment
20%
$155k
Closing costs
1%
$7,754
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$3,912
Total Expenses
$6,754
Mortgage P&I
111%
$4,341
Property Taxes
18%
$701
Home Insurance
7%
$284
HOA
3%
$100
Property Management
12%
$469
CapEx
4%
$156
Vacancy
3%
$117
Maintenance
4%
$156
Other
11%
$430