This property looks like a bad Mid-Term investment with a projected -18.74% first-year return on $182k initial cash invested.
-18.74%
Cash On Cash
2.47%
Cap Rate
0.38
DSCR
$4,112
Rent
-$2,836
Cashflow
Cash Flow
$4,112 income − $6,948 expenses = $2,836 out of pocket
Investment Breakdown
|
Purchase Price
$779k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$182k
Downpayment
20%
$156k
Closing costs
1%
$7,792
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$4,112
Total Expenses
$6,948
Mortgage P&I
104%
$4,277
Property Taxes
19%
$778
Home Insurance
7%
$279
HOA
5%
$218
Property Management
12%
$493
CapEx
4%
$164
Vacancy
3%
$123
Maintenance
4%
$164
Other
11%
$452