This property looks like a bad Mid-Term investment with a projected -18.13% first-year return on $281k initial cash invested.
-18.13%
Cash On Cash
2.65%
Cap Rate
0.41
DSCR
$4,934
Rent
-$4,245
Cashflow
Cash Flow
$4,934 income − $9,179 expenses = $4,245 out of pocket
Investment Breakdown
|
Purchase Price
$1252k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$281k
Downpayment
20%
$250k
Closing costs
1%
$12,521
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$4,934
Total Expenses
$9,179
Mortgage P&I
138%
$6,812
Property Taxes
6%
$296
Home Insurance
8%
$394
HOA
0%
$0
Property Management
12%
$592
CapEx
4%
$197
Vacancy
3%
$148
Maintenance
4%
$197
Other
11%
$543