This property looks like a bad Mid-Term investment with a projected -8.86% first-year return on $183k initial cash invested.
-8.86%
Cash On Cash
5.02%
Cap Rate
0.75
DSCR
$5,980
Rent
-$1,351
Cashflow
Cash Flow
$5,980 income − $7,331 expenses = $1,351 out of pocket
Investment Breakdown
|
Purchase Price
$786k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$183k
Downpayment
20%
$157k
Closing costs
1%
$7,857
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$5,980
Total Expenses
$7,331
Mortgage P&I
74%
$4,399
Property Taxes
10%
$619
Home Insurance
5%
$280
HOA
0%
$0
Property Management
12%
$718
CapEx
4%
$239
Vacancy
3%
$179
Maintenance
4%
$239
Other
11%
$658