This property looks like a bad Mid-Term investment with a projected -16.76% first-year return on $200k initial cash invested.
-16.76%
Cash On Cash
2.95%
Cap Rate
0.45
DSCR
$5,656
Rent
-$2,796
Cashflow
Cash Flow
$5,656 income − $8,452 expenses = $2,796 out of pocket
Investment Breakdown
|
Purchase Price
$868k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$200k
Downpayment
20%
$174k
Closing costs
1%
$8,678
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$5,656
Total Expenses
$8,452
Mortgage P&I
83%
$4,703
Property Taxes
14%
$795
Home Insurance
5%
$306
HOA
13%
$725
Property Management
12%
$679
CapEx
4%
$226
Vacancy
3%
$170
Maintenance
4%
$226
Other
11%
$622