This property looks like a bad Mid-Term investment with a projected -12.27% first-year return on $202k initial cash invested.
-12.27%
Cash On Cash
3.88%
Cap Rate
0.6
DSCR
$5,349
Rent
-$2,063
Cashflow
Cash Flow
$5,349 income − $7,412 expenses = $2,063 out of pocket
Investment Breakdown
|
Purchase Price
$875k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$202k
Downpayment
20%
$175k
Closing costs
1%
$8,750
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$5,349
Total Expenses
$7,412
Mortgage P&I
87%
$4,676
Property Taxes
11%
$612
Home Insurance
6%
$306
HOA
0%
$0
Property Management
12%
$642
CapEx
4%
$214
Vacancy
3%
$160
Maintenance
4%
$214
Other
11%
$588