This property looks like a bad Mid-Term investment with a projected -8.03% first-year return on $186k initial cash invested.
-8.03%
Cash On Cash
4.84%
Cap Rate
0.76
DSCR
$6,028
Rent
-$1,246
Cashflow
Cash Flow
$6,028 income − $7,274 expenses = $1,246 out of pocket
Investment Breakdown
|
Purchase Price
$801k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$186k
Downpayment
20%
$160k
Closing costs
1%
$8,011
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$6,028
Total Expenses
$7,274
Mortgage P&I
70%
$4,237
Property Taxes
12%
$708
Home Insurance
5%
$280
HOA
0%
$0
Property Management
12%
$723
CapEx
4%
$241
Vacancy
3%
$181
Maintenance
4%
$241
Other
11%
$663