This property looks like a bad Mid-Term investment with a projected -11.97% first-year return on $178k initial cash invested.
-11.97%
Cash On Cash
4.07%
Cap Rate
0.62
DSCR
$5,217
Rent
-$1,776
Cashflow
Cash Flow
$5,217 income − $6,993 expenses = $1,776 out of pocket
Investment Breakdown
|
Purchase Price
$762k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$178k
Downpayment
20%
$152k
Closing costs
1%
$7,621
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$5,217
Total Expenses
$6,993
Mortgage P&I
80%
$4,152
Property Taxes
14%
$746
Home Insurance
5%
$268
HOA
1%
$52
Property Management
12%
$626
CapEx
4%
$209
Vacancy
3%
$157
Maintenance
4%
$209
Other
11%
$574