This property looks like a bad Mid-Term investment with a projected -15.74% first-year return on $182k initial cash invested.
-15.74%
Cash On Cash
2.72%
Cap Rate
0.44
DSCR
$3,693
Rent
-$2,393
Cashflow
Cash Flow
$3,693 income − $6,086 expenses = $2,393 out of pocket
Investment Breakdown
|
Purchase Price
$783k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$182k
Downpayment
20%
$157k
Closing costs
1%
$7,833
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$3,693
Total Expenses
$6,086
Mortgage P&I
109%
$4,021
Property Taxes
14%
$522
Home Insurance
8%
$287
HOA
0%
$0
Property Management
12%
$443
CapEx
4%
$148
Vacancy
3%
$111
Maintenance
4%
$148
Other
11%
$406