This property looks like a bad Mid-Term investment with a projected -16.26% first-year return on $281k initial cash invested.
-16.26%
Cash On Cash
2.82%
Cap Rate
0.45
DSCR
$5,835
Rent
-$3,801
Cashflow
Cash Flow
$5,835 income − $9,636 expenses = $3,801 out of pocket
Investment Breakdown
|
Purchase Price
$1250k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$281k
Downpayment
20%
$250k
Closing costs
1%
$12,500
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$5,835
Total Expenses
$9,636
Mortgage P&I
112%
$6,510
Property Taxes
12%
$705
Home Insurance
8%
$438
HOA
0%
$0
Property Management
12%
$700
CapEx
4%
$233
Vacancy
3%
$175
Maintenance
4%
$233
Other
11%
$642