This property looks like a bad Mid-Term investment with a projected -16.97% first-year return on $181k initial cash invested.
-16.97%
Cash On Cash
2.75%
Cap Rate
0.43
DSCR
$4,104
Rent
-$2,556
Cashflow
Cash Flow
$4,104 income − $6,660 expenses = $2,556 out of pocket
Investment Breakdown
|
Purchase Price
$775k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$181k
Downpayment
20%
$155k
Closing costs
1%
$7,750
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$4,104
Total Expenses
$6,660
Mortgage P&I
101%
$4,165
Property Taxes
20%
$807
Home Insurance
7%
$271
HOA
1%
$23
Property Management
12%
$492
CapEx
4%
$164
Vacancy
3%
$123
Maintenance
4%
$164
Other
11%
$451