This property looks like a bad Mid-Term investment with a projected -15.18% first-year return on $181k initial cash invested.
-15.18%
Cash On Cash
3.03%
Cap Rate
0.48
DSCR
$3,675
Rent
-$2,287
Cashflow
Cash Flow
$3,675 income − $5,962 expenses = $2,287 out of pocket
Investment Breakdown
|
Purchase Price
$775k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$181k
Downpayment
20%
$155k
Closing costs
1%
$7,750
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$3,675
Total Expenses
$5,962
Mortgage P&I
112%
$4,098
Property Taxes
9%
$327
Home Insurance
7%
$271
HOA
0%
$17
Property Management
12%
$441
CapEx
4%
$147
Vacancy
3%
$110
Maintenance
4%
$147
Other
11%
$404