This property looks like a bad Mid-Term investment with a projected -10.01% first-year return on $184k initial cash invested.
-10.01%
Cash On Cash
4.46%
Cap Rate
0.69
DSCR
$5,367
Rent
-$1,533
Cashflow
Cash Flow
$5,367 income − $6,900 expenses = $1,533 out of pocket
Investment Breakdown
|
Purchase Price
$789k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$184k
Downpayment
20%
$158k
Closing costs
1%
$7,893
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$5,367
Total Expenses
$6,900
Mortgage P&I
79%
$4,252
Property Taxes
10%
$543
Home Insurance
5%
$280
HOA
0%
$0
Property Management
12%
$644
CapEx
4%
$215
Vacancy
3%
$161
Maintenance
4%
$215
Other
11%
$590