This property looks like a bad Mid-Term investment with a projected -9.07% first-year return on $186k initial cash invested.
-9.07%
Cash On Cash
4.66%
Cap Rate
0.73
DSCR
$5,954
Rent
-$1,406
Cashflow
Cash Flow
$5,954 income − $7,360 expenses = $1,406 out of pocket
Investment Breakdown
|
Purchase Price
$800k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$186k
Downpayment
20%
$160k
Closing costs
1%
$7,999
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$5,954
Total Expenses
$7,360
Mortgage P&I
72%
$4,276
Property Taxes
13%
$780
Home Insurance
5%
$280
HOA
0%
$0
Property Management
12%
$714
CapEx
4%
$238
Vacancy
3%
$179
Maintenance
4%
$238
Other
11%
$655