This property looks like a bad Mid-Term investment with a projected -24.23% first-year return on $218k initial cash invested.
-24.23%
Cash On Cash
1.3%
Cap Rate
0.19
DSCR
$2,888
Rent
-$4,392
Cashflow
Cash Flow
$2,888 income − $7,280 expenses = $4,392 out of pocket
Investment Breakdown
|
Purchase Price
$950k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$218k
Downpayment
20%
$190k
Closing costs
1%
$9,500
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$2,888
Total Expenses
$7,280
Mortgage P&I
184%
$5,302
Property Taxes
23%
$662
Home Insurance
12%
$332
HOA
0%
$0
Property Management
12%
$347
CapEx
4%
$116
Vacancy
3%
$87
Maintenance
4%
$116
Other
11%
$318