This property looks like a bad Mid-Term investment with a projected -19.09% first-year return on $183k initial cash invested.
-19.09%
Cash On Cash
2.35%
Cap Rate
0.36
DSCR
$3,171
Rent
-$2,912
Cashflow
Cash Flow
$3,171 income − $6,083 expenses = $2,912 out of pocket
Investment Breakdown
|
Purchase Price
$786k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$183k
Downpayment
20%
$157k
Closing costs
1%
$7,861
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$3,171
Total Expenses
$6,083
Mortgage P&I
136%
$4,326
Property Taxes
12%
$380
Home Insurance
9%
$298
HOA
0%
$0
Property Management
12%
$381
CapEx
4%
$127
Vacancy
3%
$95
Maintenance
4%
$127
Other
11%
$349