This property looks like a bad Mid-Term investment with a projected -10.68% first-year return on $181k initial cash invested.
-10.68%
Cash On Cash
4.33%
Cap Rate
0.67
DSCR
$5,242
Rent
-$1,613
Cashflow
Cash Flow
$5,242 income − $6,855 expenses = $1,613 out of pocket
Investment Breakdown
|
Purchase Price
$777k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$181k
Downpayment
20%
$155k
Closing costs
1%
$7,773
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$5,242
Total Expenses
$6,855
Mortgage P&I
80%
$4,207
Property Taxes
11%
$564
Home Insurance
5%
$276
HOA
0%
$25
Property Management
12%
$629
CapEx
4%
$210
Vacancy
3%
$157
Maintenance
4%
$210
Other
11%
$577