This property looks like a bad Mid-Term investment with a projected -12.26% first-year return on $180k initial cash invested.
-12.26%
Cash On Cash
4.02%
Cap Rate
0.61
DSCR
$4,876
Rent
-$1,839
Cashflow
Cash Flow
$4,876 income − $6,715 expenses = $1,839 out of pocket
Investment Breakdown
|
Purchase Price
$772k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$180k
Downpayment
20%
$154k
Closing costs
1%
$7,717
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$4,876
Total Expenses
$6,715
Mortgage P&I
87%
$4,229
Property Taxes
10%
$497
Home Insurance
7%
$332
HOA
0%
$0
Property Management
12%
$585
CapEx
4%
$195
Vacancy
3%
$146
Maintenance
4%
$195
Other
11%
$536