This property looks like a bad Mid-Term investment with a projected -10.47% first-year return on $182k initial cash invested.
-10.47%
Cash On Cash
4.06%
Cap Rate
0.66
DSCR
$5,024
Rent
-$1,585
Cashflow
Cash Flow
$5,024 income − $6,609 expenses = $1,585 out of pocket
Investment Breakdown
|
Purchase Price
$779k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$182k
Downpayment
20%
$156k
Closing costs
1%
$7,790
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$5,024
Total Expenses
$6,609
Mortgage P&I
80%
$4,019
Property Taxes
12%
$608
Home Insurance
5%
$273
HOA
0%
$0
Property Management
12%
$603
CapEx
4%
$201
Vacancy
3%
$151
Maintenance
4%
$201
Other
11%
$553