This property looks like a bad Mid-Term investment with a projected -14.52% first-year return on $189k initial cash invested.
-14.52%
Cash On Cash
3.47%
Cap Rate
0.53
DSCR
$5,074
Rent
-$2,282
Cashflow
Cash Flow
$5,074 income − $7,356 expenses = $2,282 out of pocket
Investment Breakdown
|
Purchase Price
$813k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$189k
Downpayment
20%
$163k
Closing costs
1%
$8,126
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$5,074
Total Expenses
$7,356
Mortgage P&I
87%
$4,426
Property Taxes
12%
$629
Home Insurance
6%
$304
HOA
5%
$272
Property Management
12%
$609
CapEx
4%
$203
Vacancy
3%
$152
Maintenance
4%
$203
Other
11%
$558