This property looks like a bad Mid-Term investment with a projected -21.49% first-year return on $191k initial cash invested.
-21.49%
Cash On Cash
1.51%
Cap Rate
0.24
DSCR
$3,358
Rent
-$3,425
Cashflow
Cash Flow
$3,358 income − $6,783 expenses = $3,425 out of pocket
Investment Breakdown
|
Purchase Price
$825k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$191k
Downpayment
20%
$165k
Closing costs
1%
$8,250
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$3,358
Total Expenses
$6,783
Mortgage P&I
129%
$4,331
Property Taxes
30%
$1,022
Home Insurance
9%
$289
HOA
0%
$0
Property Management
12%
$403
CapEx
4%
$134
Vacancy
3%
$101
Maintenance
4%
$134
Other
11%
$369