This property looks like a bad Mid-Term investment with a projected -25.2% first-year return on $373k initial cash invested.
-25.2%
Cash On Cash
0.83%
Cap Rate
0.13
DSCR
$4,155
Rent
-$7,830
Cashflow
Cash Flow
$4,155 income − $11,985 expenses = $7,830 out of pocket
Investment Breakdown
|
Purchase Price
$1690k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$373k
Downpayment
20%
$338k
Closing costs
1%
$16,900
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$4,155
Total Expenses
$11,985
Mortgage P&I
213%
$8,836
Property Taxes
27%
$1,121
Home Insurance
14%
$592
HOA
1%
$23
Property Management
12%
$499
CapEx
4%
$166
Vacancy
3%
$125
Maintenance
4%
$166
Other
11%
$457