This property looks like a bad Mid-Term investment with a projected -23.86% first-year return on $178k initial cash invested.
-23.86%
Cash On Cash
1.42%
Cap Rate
0.21
DSCR
$2,356
Rent
-$3,547
Cashflow
Cash Flow
$2,356 income − $5,903 expenses = $3,547 out of pocket
Investment Breakdown
|
Purchase Price
$764k
Downpayment
20.0%
Interest Rate
7.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$178k
Downpayment
20%
$153k
Closing costs
1%
$7,636
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$2,356
Total Expenses
$5,903
Mortgage P&I
185%
$4,354
Property Taxes
20%
$468
Home Insurance
12%
$280
HOA
0%
$0
Property Management
12%
$283
CapEx
4%
$94
Vacancy
3%
$71
Maintenance
4%
$94
Other
11%
$259