This property looks like a bad Mid-Term investment with a projected -11.19% first-year return on $287k initial cash invested.
-11.19%
Cash On Cash
4.38%
Cap Rate
0.67
DSCR
$9,158
Rent
-$2,680
Cashflow
Cash Flow
$9,158 income − $11,838 expenses = $2,680 out of pocket
Investment Breakdown
|
Purchase Price
$1282k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$287k
Downpayment
20%
$256k
Closing costs
1%
$12,824
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$9,158
Total Expenses
$11,838
Mortgage P&I
76%
$6,993
Property Taxes
14%
$1,277
Home Insurance
5%
$455
HOA
0%
$0
Property Management
12%
$1,099
CapEx
4%
$366
Vacancy
3%
$275
Maintenance
4%
$366
Other
11%
$1,007