This property looks like a bad Mid-Term investment with a projected -21.17% first-year return on $122k initial cash invested.
-21.17%
Cash On Cash
1.66%
Cap Rate
0.27
DSCR
$2,398
Rent
-$2,150
Cashflow
Cash Flow
$2,398 income − $4,548 expenses = $2,150 out of pocket
Investment Breakdown
|
Purchase Price
$552k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$122k
Downpayment
20%
$110k
Closing costs
1%
$5,519
Rehab
0%
$0
Furnishing
1%
$6,000
Cashflow
Total Income
$2,398
Total Expenses
$4,548
Mortgage P&I
117%
$2,817
Property Taxes
30%
$722
Home Insurance
8%
$193
HOA
0%
$0
Property Management
12%
$288
CapEx
4%
$96
Vacancy
3%
$72
Maintenance
4%
$96
Other
11%
$264