This property looks like a bad Mid-Term investment with a projected -12.57% first-year return on $182k initial cash invested.
-12.57%
Cash On Cash
3.65%
Cap Rate
0.58
DSCR
$4,812
Rent
-$1,906
Cashflow
Cash Flow
$4,812 income − $6,718 expenses = $1,906 out of pocket
Investment Breakdown
|
Purchase Price
$781k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$182k
Downpayment
20%
$156k
Closing costs
1%
$7,807
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$4,812
Total Expenses
$6,718
Mortgage P&I
85%
$4,088
Property Taxes
15%
$716
Home Insurance
6%
$280
HOA
0%
$0
Property Management
12%
$577
CapEx
4%
$192
Vacancy
3%
$144
Maintenance
4%
$192
Other
11%
$529