This property looks like a bad Mid-Term investment with a projected -9.58% first-year return on $186k initial cash invested.
-9.58%
Cash On Cash
4.63%
Cap Rate
0.71
DSCR
$5,812
Rent
-$1,484
Cashflow
Cash Flow
$5,812 income − $7,296 expenses = $1,484 out of pocket
Investment Breakdown
|
Purchase Price
$800k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$186k
Downpayment
20%
$160k
Closing costs
1%
$7,999
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$5,812
Total Expenses
$7,296
Mortgage P&I
75%
$4,335
Property Taxes
12%
$707
Home Insurance
5%
$280
HOA
0%
$0
Property Management
12%
$697
CapEx
4%
$232
Vacancy
3%
$174
Maintenance
4%
$232
Other
11%
$639