This property looks like a bad Mid-Term investment with a projected -18.39% first-year return on $187k initial cash invested.
-18.39%
Cash On Cash
2.43%
Cap Rate
0.37
DSCR
$3,424
Rent
-$2,873
Cashflow
Cash Flow
$3,424 income − $6,297 expenses = $2,873 out of pocket
Investment Breakdown
|
Purchase Price
$807k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$187k
Downpayment
20%
$161k
Closing costs
1%
$8,069
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$3,424
Total Expenses
$6,297
Mortgage P&I
128%
$4,367
Property Taxes
13%
$459
Home Insurance
8%
$289
HOA
1%
$17
Property Management
12%
$411
CapEx
4%
$137
Vacancy
3%
$103
Maintenance
4%
$137
Other
11%
$377