This property looks like a bad Mid-Term investment with a projected -16.27% first-year return on $203k initial cash invested.
-16.27%
Cash On Cash
3.01%
Cap Rate
0.46
DSCR
$3,747
Rent
-$2,748
Cashflow
Cash Flow
$3,747 income − $6,495 expenses = $2,748 out of pocket
Investment Breakdown
|
Purchase Price
$880k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$203k
Downpayment
20%
$176k
Closing costs
1%
$8,797
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$3,747
Total Expenses
$6,495
Mortgage P&I
128%
$4,801
Property Taxes
3%
$113
Home Insurance
8%
$289
HOA
0%
$18
Property Management
12%
$450
CapEx
4%
$150
Vacancy
3%
$112
Maintenance
4%
$150
Other
11%
$412