This property looks like a bad Mid-Term investment with a projected -11.43% first-year return on $184k initial cash invested.
-11.43%
Cash On Cash
4.01%
Cap Rate
0.63
DSCR
$5,258
Rent
-$1,756
Cashflow
Cash Flow
$5,258 income − $7,014 expenses = $1,756 out of pocket
Investment Breakdown
|
Purchase Price
$792k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$184k
Downpayment
20%
$158k
Closing costs
1%
$7,922
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$5,258
Total Expenses
$7,014
Mortgage P&I
80%
$4,194
Property Taxes
14%
$753
Home Insurance
5%
$280
HOA
0%
$0
Property Management
12%
$631
CapEx
4%
$210
Vacancy
3%
$158
Maintenance
4%
$210
Other
11%
$578