This property looks like a bad Mid-Term investment with a projected -10.19% first-year return on $186k initial cash invested.
-10.19%
Cash On Cash
4.51%
Cap Rate
0.69
DSCR
$5,456
Rent
-$1,580
Cashflow
Cash Flow
$5,456 income − $7,036 expenses = $1,580 out of pocket
Investment Breakdown
|
Purchase Price
$800k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$186k
Downpayment
20%
$160k
Closing costs
1%
$8,000
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$5,456
Total Expenses
$7,036
Mortgage P&I
80%
$4,366
Property Taxes
10%
$535
Home Insurance
5%
$280
HOA
0%
$0
Property Management
12%
$655
CapEx
4%
$218
Vacancy
3%
$164
Maintenance
4%
$218
Other
11%
$600