This property looks like a bad Mid-Term investment with a projected -10.86% first-year return on $186k initial cash invested.
-10.86%
Cash On Cash
4.07%
Cap Rate
0.65
DSCR
$5,079
Rent
-$1,682
Cashflow
Cash Flow
$5,079 income − $6,761 expenses = $1,682 out of pocket
Investment Breakdown
|
Purchase Price
$799k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$186k
Downpayment
20%
$160k
Closing costs
1%
$7,990
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$5,079
Total Expenses
$6,761
Mortgage P&I
82%
$4,188
Property Taxes
11%
$542
Home Insurance
6%
$280
HOA
0%
$25
Property Management
12%
$609
CapEx
4%
$203
Vacancy
3%
$152
Maintenance
4%
$203
Other
11%
$559