This property looks like a bad Mid-Term investment with a projected -12.59% first-year return on $191k initial cash invested.
-12.59%
Cash On Cash
3.66%
Cap Rate
0.58
DSCR
$4,731
Rent
-$2,007
Cashflow
Cash Flow
$4,731 income − $6,738 expenses = $2,007 out of pocket
Investment Breakdown
|
Purchase Price
$825k
Downpayment
20.0%
Interest Rate
6.9%
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
$4,731
Total Expenses
$6,738
Mortgage P&I
92%
$4,335
Property Taxes
10%
$481
Home Insurance
6%
$289
HOA
1%
$25
Property Management
12%
$568
CapEx
4%
$189
Vacancy
3%
$142
Maintenance
4%
$189
Other
11%
$520