This property looks like a bad Mid-Term investment with a projected -21.77% first-year return on $235k initial cash invested.
-21.77%
Cash On Cash
1.61%
Cap Rate
0.25
DSCR
$3,572
Rent
-$4,260
Cashflow
Cash Flow
$3,572 income − $7,832 expenses = $4,260 out of pocket
Investment Breakdown
|
Purchase Price
$1033k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$235k
Downpayment
20%
$207k
Closing costs
1%
$10,326
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$3,572
Total Expenses
$7,832
Mortgage P&I
154%
$5,506
Property Taxes
22%
$798
Home Insurance
9%
$313
HOA
0%
$0
Property Management
12%
$429
CapEx
4%
$143
Vacancy
3%
$107
Maintenance
4%
$143
Other
11%
$393