This property looks like a bad Mid-Term investment with a projected -12.08% first-year return on $191k initial cash invested.
-12.08%
Cash On Cash
4.11%
Cap Rate
0.62
DSCR
$4,792
Rent
-$1,925
Cashflow
Cash Flow
$4,792 income − $6,717 expenses = $1,925 out of pocket
Investment Breakdown
|
Purchase Price
$825k
Downpayment
20.0%
Interest Rate
7.4%
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
$4,792
Total Expenses
$6,717
Mortgage P&I
95%
$4,558
Property Taxes
5%
$240
Home Insurance
6%
$289
HOA
0%
$0
Property Management
12%
$575
CapEx
4%
$192
Vacancy
3%
$144
Maintenance
4%
$192
Other
11%
$527