This property looks like a bad Mid-Term investment with a projected -15.41% first-year return on $197k initial cash invested.
-15.41%
Cash On Cash
3.23%
Cap Rate
0.49
DSCR
$4,354
Rent
-$2,528
Cashflow
Cash Flow
$4,354 income − $6,882 expenses = $2,528 out of pocket
Investment Breakdown
|
Purchase Price
$852k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$197k
Downpayment
20%
$170k
Closing costs
1%
$8,520
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$4,354
Total Expenses
$6,882
Mortgage P&I
107%
$4,650
Property Taxes
10%
$454
Home Insurance
7%
$298
HOA
0%
$0
Property Management
12%
$522
CapEx
4%
$174
Vacancy
3%
$131
Maintenance
4%
$174
Other
11%
$479