This property looks like a bad Mid-Term investment with a projected -11.57% first-year return on $192k initial cash invested.
-11.57%
Cash On Cash
4.05%
Cap Rate
0.63
DSCR
$5,130
Rent
-$1,846
Cashflow
Cash Flow
$5,130 income − $6,976 expenses = $1,846 out of pocket
Investment Breakdown
|
Purchase Price
$826k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$192k
Downpayment
20%
$165k
Closing costs
1%
$8,263
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$5,130
Total Expenses
$6,976
Mortgage P&I
86%
$4,429
Property Taxes
9%
$482
Home Insurance
6%
$302
HOA
0%
$19
Property Management
12%
$616
CapEx
4%
$205
Vacancy
3%
$154
Maintenance
4%
$205
Other
11%
$564