This property looks like a bad Mid-Term investment with a projected -17.79% first-year return on $211k initial cash invested.
-17.79%
Cash On Cash
2.77%
Cap Rate
0.42
DSCR
$4,113
Rent
-$3,130
Cashflow
Cash Flow
$4,113 income − $7,243 expenses = $3,130 out of pocket
Investment Breakdown
|
Purchase Price
$920k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$211k
Downpayment
20%
$184k
Closing costs
1%
$9,199
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$4,113
Total Expenses
$7,243
Mortgage P&I
124%
$5,089
Property Taxes
9%
$369
Home Insurance
8%
$332
HOA
1%
$54
Property Management
12%
$494
CapEx
4%
$165
Vacancy
3%
$123
Maintenance
4%
$165
Other
11%
$452