This property looks like a bad Mid-Term investment with a projected -21.36% first-year return on $327k initial cash invested.
-21.36%
Cash On Cash
1.88%
Cap Rate
0.29
DSCR
$6,608
Rent
-$5,823
Cashflow
Cash Flow
$6,608 income − $12,431 expenses = $5,823 out of pocket
Investment Breakdown
|
Purchase Price
$1472k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$327k
Downpayment
20%
$294k
Closing costs
1%
$14,724
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$6,608
Total Expenses
$12,431
Mortgage P&I
119%
$7,871
Property Taxes
23%
$1,524
Home Insurance
8%
$525
HOA
4%
$265
Property Management
12%
$793
CapEx
4%
$264
Vacancy
3%
$198
Maintenance
4%
$264
Other
11%
$727