This property looks like a bad Mid-Term investment with a projected -5.41% first-year return on $183k initial cash invested.
-5.41%
Cash On Cash
5.47%
Cap Rate
0.86
DSCR
$6,436
Rent
-$824
Cashflow
Cash Flow
$6,436 income − $7,260 expenses = $824 out of pocket
Investment Breakdown
|
Purchase Price
$784k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$183k
Downpayment
20%
$157k
Closing costs
1%
$7,840
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$6,436
Total Expenses
$7,260
Mortgage P&I
64%
$4,140
Property Taxes
11%
$688
Home Insurance
4%
$245
HOA
0%
$0
Property Management
12%
$772
CapEx
4%
$257
Vacancy
3%
$193
Maintenance
4%
$257
Other
11%
$708