This property looks like a bad Mid-Term investment with a projected -10.29% first-year return on $182k initial cash invested.
-10.29%
Cash On Cash
4.2%
Cap Rate
0.67
DSCR
$5,504
Rent
-$1,564
Cashflow
Cash Flow
$5,504 income − $7,068 expenses = $1,564 out of pocket
Investment Breakdown
|
Purchase Price
$783k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$182k
Downpayment
20%
$157k
Closing costs
1%
$7,832
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$5,504
Total Expenses
$7,068
Mortgage P&I
74%
$4,083
Property Taxes
15%
$835
Home Insurance
5%
$280
HOA
0%
$0
Property Management
12%
$660
CapEx
4%
$220
Vacancy
3%
$165
Maintenance
4%
$220
Other
11%
$605