This property looks like a bad Mid-Term investment with a projected -7.14% first-year return on $176k initial cash invested.
-7.14%
Cash On Cash
4.83%
Cap Rate
0.78
DSCR
$4,820
Rent
-$1,049
Cashflow
Cash Flow
$4,820 income − $5,869 expenses = $1,049 out of pocket
Investment Breakdown
|
Purchase Price
$754k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$176k
Downpayment
20%
$151k
Closing costs
1%
$7,542
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$4,820
Total Expenses
$5,869
Mortgage P&I
81%
$3,891
Property Taxes
2%
$83
Home Insurance
5%
$256
HOA
0%
$0
Property Management
12%
$578
CapEx
4%
$193
Vacancy
3%
$145
Maintenance
4%
$193
Other
11%
$530