This property looks like a bad Mid-Term investment with a projected -12.69% first-year return on $191k initial cash invested.
-12.69%
Cash On Cash
3.82%
Cap Rate
0.59
DSCR
$5,408
Rent
-$2,024
Cashflow
Cash Flow
$5,408 income − $7,432 expenses = $2,024 out of pocket
Investment Breakdown
|
Purchase Price
$826k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$191k
Downpayment
20%
$165k
Closing costs
1%
$8,255
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$5,408
Total Expenses
$7,432
Mortgage P&I
82%
$4,439
Property Taxes
14%
$754
Home Insurance
5%
$296
HOA
2%
$105
Property Management
12%
$649
CapEx
4%
$216
Vacancy
3%
$162
Maintenance
4%
$216
Other
11%
$595