This property looks like a bad Mid-Term investment with a projected -15.16% first-year return on $188k initial cash invested.
-15.16%
Cash On Cash
3.52%
Cap Rate
0.52
DSCR
$4,798
Rent
-$2,371
Cashflow
Cash Flow
$4,798 income − $7,169 expenses = $2,371 out of pocket
Investment Breakdown
|
Purchase Price
$808k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$188k
Downpayment
20%
$162k
Closing costs
1%
$8,080
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$4,798
Total Expenses
$7,169
Mortgage P&I
95%
$4,547
Property Taxes
15%
$701
Home Insurance
6%
$289
HOA
0%
$0
Property Management
12%
$576
CapEx
4%
$192
Vacancy
3%
$144
Maintenance
4%
$192
Other
11%
$528