This property looks like a bad Mid-Term investment with a projected -24.44% first-year return on $543k initial cash invested.
-24.44%
Cash On Cash
1.74%
Cap Rate
0.25
DSCR
$7,932
Rent
-$11,059
Cashflow
Cash Flow
$7,932 income − $18,991 expenses = $11,059 out of pocket
Investment Breakdown
|
Purchase Price
$2500k
Downpayment
20.0%
Interest Rate
7.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$543k
Downpayment
20%
$500k
Closing costs
1%
$25,000
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$7,932
Total Expenses
$18,991
Mortgage P&I
181%
$14,361
Property Taxes
13%
$1,058
Home Insurance
11%
$875
HOA
0%
$0
Property Management
12%
$952
CapEx
4%
$317
Vacancy
3%
$238
Maintenance
4%
$317
Other
11%
$873