This property looks like a bad Mid-Term investment with a projected -20.96% first-year return on $392k initial cash invested.
-20.96%
Cash On Cash
1.9%
Cap Rate
0.3
DSCR
$6,480
Rent
-$6,845
Cashflow
Cash Flow
$6,480 income − $13,325 expenses = $6,845 out of pocket
Investment Breakdown
|
Purchase Price
$1780k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$392k
Downpayment
20%
$356k
Closing costs
1%
$17,802
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$6,480
Total Expenses
$13,325
Mortgage P&I
145%
$9,405
Property Taxes
17%
$1,069
Home Insurance
10%
$648
HOA
0%
$0
Property Management
12%
$778
CapEx
4%
$259
Vacancy
3%
$194
Maintenance
4%
$259
Other
11%
$713
Projection Charts
Investment Value YoY