This property looks like a bad Mid-Term investment with a projected -9.01% first-year return on $191k initial cash invested.
-9.01%
Cash On Cash
4.79%
Cap Rate
0.74
DSCR
$6,276
Rent
-$1,436
Cashflow
Cash Flow
$6,276 income − $7,712 expenses = $1,436 out of pocket
Investment Breakdown
|
Purchase Price
$825k
Downpayment
20.0%
Interest Rate
7.2%
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
$6,276
Total Expenses
$7,712
Mortgage P&I
71%
$4,480
Property Taxes
12%
$770
Home Insurance
5%
$289
HOA
1%
$40
Property Management
12%
$753
CapEx
4%
$251
Vacancy
3%
$188
Maintenance
4%
$251
Other
11%
$690