This property looks like a bad Mid-Term investment with a projected -11.94% first-year return on $194k initial cash invested.
-11.94%
Cash On Cash
3.77%
Cap Rate
0.6
DSCR
$5,240
Rent
-$1,926
Cashflow
Cash Flow
$5,240 income − $7,166 expenses = $1,926 out of pocket
Investment Breakdown
|
Purchase Price
$836k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$194k
Downpayment
20%
$167k
Closing costs
1%
$8,360
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$5,240
Total Expenses
$7,166
Mortgage P&I
83%
$4,342
Property Taxes
14%
$744
Home Insurance
6%
$298
HOA
0%
$0
Property Management
12%
$629
CapEx
4%
$210
Vacancy
3%
$157
Maintenance
4%
$210
Other
11%
$576