This property looks like a bad Mid-Term investment with a projected -19.19% first-year return on $286k initial cash invested.
-19.19%
Cash On Cash
2.67%
Cap Rate
0.4
DSCR
$6,176
Rent
-$4,578
Cashflow
Cash Flow
$6,176 income − $10,754 expenses = $4,578 out of pocket
Investment Breakdown
|
Purchase Price
$1277k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$286k
Downpayment
20%
$255k
Closing costs
1%
$12,773
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$6,176
Total Expenses
$10,754
Mortgage P&I
116%
$7,171
Property Taxes
17%
$1,029
Home Insurance
7%
$455
HOA
0%
$0
Property Management
12%
$741
CapEx
4%
$247
Vacancy
3%
$185
Maintenance
4%
$247
Other
11%
$679