This property looks like a bad Mid-Term investment with a projected -23.47% first-year return on $251k initial cash invested.
-23.47%
Cash On Cash
1.68%
Cap Rate
0.25
DSCR
$4,065
Rent
-$4,913
Cashflow
Cash Flow
$4,065 income − $8,978 expenses = $4,913 out of pocket
Investment Breakdown
|
Purchase Price
$1110k
Downpayment
20.0%
Interest Rate
7.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$251k
Downpayment
20%
$222k
Closing costs
1%
$11,103
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$4,065
Total Expenses
$8,978
Mortgage P&I
155%
$6,306
Property Taxes
22%
$887
Home Insurance
10%
$402
HOA
0%
$0
Property Management
12%
$488
CapEx
4%
$163
Vacancy
3%
$122
Maintenance
4%
$163
Other
11%
$447