This property looks like a bad Mid-Term investment with a projected -19.02% first-year return on $213k initial cash invested.
-19.02%
Cash On Cash
2.45%
Cap Rate
0.37
DSCR
$4,150
Rent
-$3,377
Cashflow
Cash Flow
$4,150 income − $7,527 expenses = $3,377 out of pocket
Investment Breakdown
|
Purchase Price
$929k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$213k
Downpayment
20%
$186k
Closing costs
1%
$9,287
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$4,150
Total Expenses
$7,527
Mortgage P&I
123%
$5,110
Property Taxes
16%
$668
Home Insurance
8%
$339
HOA
0%
$0
Property Management
12%
$498
CapEx
4%
$166
Vacancy
3%
$124
Maintenance
4%
$166
Other
11%
$456