This property looks like a bad Mid-Term investment with a projected -8.26% first-year return on $182k initial cash invested.
-8.26%
Cash On Cash
4.54%
Cap Rate
0.74
DSCR
$5,229
Rent
-$1,251
Cashflow
Cash Flow
$5,229 income − $6,480 expenses = $1,251 out of pocket
Investment Breakdown
|
Purchase Price
$779k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$182k
Downpayment
20%
$156k
Closing costs
1%
$7,793
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$5,229
Total Expenses
$6,480
Mortgage P&I
76%
$3,991
Property Taxes
7%
$384
Home Insurance
5%
$278
HOA
1%
$50
Property Management
12%
$627
CapEx
4%
$209
Vacancy
3%
$157
Maintenance
4%
$209
Other
11%
$575