This property looks like a bad Mid-Term investment with a projected -21.33% first-year return on $277k initial cash invested.
-21.33%
Cash On Cash
1.59%
Cap Rate
0.26
DSCR
$3,982
Rent
-$4,915
Cashflow
Cash Flow
$3,982 income − $8,897 expenses = $4,915 out of pocket
Investment Breakdown
|
Purchase Price
$1231k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$277k
Downpayment
20%
$246k
Closing costs
1%
$12,311
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$3,982
Total Expenses
$8,897
Mortgage P&I
160%
$6,388
Property Taxes
18%
$704
Home Insurance
11%
$452
HOA
0%
$0
Property Management
12%
$478
CapEx
4%
$159
Vacancy
3%
$119
Maintenance
4%
$159
Other
11%
$438