This property looks like a bad Mid-Term investment with a projected -20.99% first-year return on $211k initial cash invested.
-20.99%
Cash On Cash
1.99%
Cap Rate
0.3
DSCR
$4,540
Rent
-$3,687
Cashflow
Cash Flow
$4,540 income − $8,227 expenses = $3,687 out of pocket
Investment Breakdown
|
Purchase Price
$918k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$211k
Downpayment
20%
$184k
Closing costs
1%
$9,181
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$4,540
Total Expenses
$8,227
Mortgage P&I
111%
$5,026
Property Taxes
22%
$977
Home Insurance
7%
$329
HOA
8%
$351
Property Management
12%
$545
CapEx
4%
$182
Vacancy
3%
$136
Maintenance
4%
$182
Other
11%
$499