This property looks like a bad Mid-Term investment with a projected -11.74% first-year return on $191k initial cash invested.
-11.74%
Cash On Cash
4.16%
Cap Rate
0.63
DSCR
$4,916
Rent
-$1,871
Cashflow
Cash Flow
$4,916 income − $6,787 expenses = $1,871 out of pocket
Investment Breakdown
|
Purchase Price
$825k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$191k
Downpayment
20%
$165k
Closing costs
1%
$8,250
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$4,916
Total Expenses
$6,787
Mortgage P&I
92%
$4,534
Property Taxes
6%
$292
Home Insurance
6%
$289
HOA
0%
$0
Property Management
12%
$590
CapEx
4%
$197
Vacancy
3%
$147
Maintenance
4%
$197
Other
11%
$541