This property looks like a bad Mid-Term investment with a projected -12.83% first-year return on $207k initial cash invested.
-12.83%
Cash On Cash
3.84%
Cap Rate
0.59
DSCR
$5,810
Rent
-$2,211
Cashflow
Cash Flow
$5,810 income − $8,021 expenses = $2,211 out of pocket
Investment Breakdown
|
Purchase Price
$899k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$207k
Downpayment
20%
$180k
Closing costs
1%
$8,990
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$5,810
Total Expenses
$8,021
Mortgage P&I
84%
$4,856
Property Taxes
15%
$876
Home Insurance
5%
$315
HOA
0%
$0
Property Management
12%
$697
CapEx
4%
$232
Vacancy
3%
$174
Maintenance
4%
$232
Other
11%
$639