This property looks like a bad Mid-Term investment with a projected -11.01% first-year return on $186k initial cash invested.
-11.01%
Cash On Cash
4.41%
Cap Rate
0.66
DSCR
$5,546
Rent
-$1,708
Cashflow
Cash Flow
$5,546 income − $7,254 expenses = $1,708 out of pocket
Investment Breakdown
|
Purchase Price
$801k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$186k
Downpayment
20%
$160k
Closing costs
1%
$8,005
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$5,546
Total Expenses
$7,254
Mortgage P&I
80%
$4,426
Property Taxes
12%
$667
Home Insurance
5%
$275
HOA
0%
$0
Property Management
12%
$666
CapEx
4%
$222
Vacancy
3%
$166
Maintenance
4%
$222
Other
11%
$610