This property looks like a bad Mid-Term investment with a projected -12.64% first-year return on $179k initial cash invested.
-12.64%
Cash On Cash
3.51%
Cap Rate
0.57
DSCR
$4,089
Rent
-$1,883
Cashflow
Cash Flow
$4,089 income − $5,972 expenses = $1,883 out of pocket
Investment Breakdown
|
Purchase Price
$765k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$179k
Downpayment
20%
$153k
Closing costs
1%
$7,654
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$4,089
Total Expenses
$5,972
Mortgage P&I
97%
$3,958
Property Taxes
9%
$348
Home Insurance
7%
$274
HOA
0%
$0
Property Management
12%
$491
CapEx
4%
$164
Vacancy
3%
$123
Maintenance
4%
$164
Other
11%
$450