This property looks like a bad Mid-Term investment with a projected -30.28% first-year return on $375k initial cash invested.
-30.28%
Cash On Cash
0.06%
Cap Rate
0.01
DSCR
$1,791
Rent
-$9,462
Cashflow
Cash Flow
$1,791 income − $11,253 expenses = $9,462 out of pocket
Investment Breakdown
|
Purchase Price
$1700k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$375k
Downpayment
20%
$340k
Closing costs
1%
$17,000
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$1,791
Total Expenses
$11,253
Mortgage P&I
529%
$9,480
Property Taxes
32%
$568
Home Insurance
33%
$595
HOA
0%
$0
Property Management
12%
$215
CapEx
4%
$72
Vacancy
3%
$54
Maintenance
4%
$72
Other
11%
$197