This property looks like a bad Mid-Term investment with a projected -10.08% first-year return on $219k initial cash invested.
-10.08%
Cash On Cash
4.56%
Cap Rate
0.7
DSCR
$7,017
Rent
-$1,842
Cashflow
Cash Flow
$7,017 income − $8,859 expenses = $1,842 out of pocket
Investment Breakdown
|
Purchase Price
$959k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$219k
Downpayment
20%
$192k
Closing costs
1%
$9,586
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$7,017
Total Expenses
$8,859
Mortgage P&I
74%
$5,205
Property Taxes
13%
$917
Home Insurance
5%
$350
HOA
0%
$0
Property Management
12%
$842
CapEx
4%
$281
Vacancy
3%
$211
Maintenance
4%
$281
Other
11%
$772