This property looks like a bad Mid-Term investment with a projected -12.67% first-year return on $266k initial cash invested.
-12.67%
Cash On Cash
3.95%
Cap Rate
0.61
DSCR
$7,251
Rent
-$2,808
Cashflow
Cash Flow
$7,251 income − $10,059 expenses = $2,808 out of pocket
Investment Breakdown
|
Purchase Price
$1180k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$266k
Downpayment
20%
$236k
Closing costs
1%
$11,803
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$7,251
Total Expenses
$10,059
Mortgage P&I
88%
$6,407
Property Taxes
11%
$766
Home Insurance
6%
$420
HOA
0%
$0
Property Management
12%
$870
CapEx
4%
$290
Vacancy
3%
$218
Maintenance
4%
$290
Other
11%
$798