This property looks like a bad Mid-Term investment with a projected -16.85% first-year return on $227k initial cash invested.
-16.85%
Cash On Cash
2.9%
Cap Rate
0.45
DSCR
$5,019
Rent
-$3,187
Cashflow
Cash Flow
$5,019 income − $8,206 expenses = $3,187 out of pocket
Investment Breakdown
|
Purchase Price
$995k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$227k
Downpayment
20%
$199k
Closing costs
1%
$9,950
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$5,019
Total Expenses
$8,206
Mortgage P&I
107%
$5,391
Property Taxes
15%
$760
Home Insurance
7%
$348
HOA
0%
$0
Property Management
12%
$602
CapEx
4%
$201
Vacancy
3%
$151
Maintenance
4%
$201
Other
11%
$552