This property looks like a bad Mid-Term investment with a projected -19.81% first-year return on $202k initial cash invested.
-19.81%
Cash On Cash
2.02%
Cap Rate
0.31
DSCR
$3,042
Rent
-$3,337
Cashflow
Cash Flow
$3,042 income − $6,379 expenses = $3,337 out of pocket
Investment Breakdown
|
Purchase Price
$877k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$202k
Downpayment
20%
$175k
Closing costs
1%
$8,767
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$3,042
Total Expenses
$6,379
Mortgage P&I
154%
$4,690
Property Taxes
10%
$304
Home Insurance
12%
$350
HOA
0%
$0
Property Management
12%
$365
CapEx
4%
$122
Vacancy
3%
$91
Maintenance
4%
$122
Other
11%
$335