This property looks like a bad Mid-Term investment with a projected -25.26% first-year return on $302k initial cash invested.
-25.26%
Cash On Cash
0.95%
Cap Rate
0.15
DSCR
$3,735
Rent
-$6,346
Cashflow
Cash Flow
$3,735 income − $10,081 expenses = $6,346 out of pocket
Investment Breakdown
|
Purchase Price
$1350k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$302k
Downpayment
20%
$270k
Closing costs
1%
$13,500
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$3,735
Total Expenses
$10,081
Mortgage P&I
195%
$7,270
Property Taxes
29%
$1,070
Home Insurance
13%
$472
HOA
0%
$0
Property Management
12%
$448
CapEx
4%
$149
Vacancy
3%
$112
Maintenance
4%
$149
Other
11%
$411