This property looks like a bad Mid-Term investment with a projected -2.03% first-year return on $227k initial cash invested.
-2.03%
Cash On Cash
5.87%
Cap Rate
0.92
DSCR
$7,450
Rent
-$384
Cashflow
$89,400
Annual
Cash Flow
$7,450 income − $7,834 expenses = $384 out of pocket
Investment Breakdown
|
Purchase Price
$850k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$227k
Downpayment
20%
$170k
Closing costs
1%
$8,500
Rehab
0%
$0
Furnishing
6%
$48,000
Cashflow
Total Income
$7,450
Total Expenses
$7,834
Mortgage P&I
61%
$4,539
Property Taxes
16%
$1,208
Home Insurance
4%
$298
HOA
0%
$0
Property Management
10%
$745
CapEx
0%
$0
Vacancy
3%
$224
Maintenance
0%
$0
Other
11%
$820
Projection Charts
Investment Value YoY
Annualized Return
CoC vs Downpayment
CoC vs Purchase Price