This property looks like a bad Mid-Term investment with a projected -16.66% first-year return on $198k initial cash invested.
-16.66%
Cash On Cash
2.92%
Cap Rate
0.45
DSCR
$4,160
Rent
-$2,751
Cashflow
Cash Flow
$4,160 income − $6,911 expenses = $2,751 out of pocket
Investment Breakdown
|
Purchase Price
$858k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$198k
Downpayment
20%
$172k
Closing costs
1%
$8,581
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$4,160
Total Expenses
$6,911
Mortgage P&I
112%
$4,673
Property Taxes
12%
$516
Home Insurance
7%
$308
HOA
0%
$0
Property Management
12%
$499
CapEx
4%
$166
Vacancy
3%
$125
Maintenance
4%
$166
Other
11%
$458