This property looks like a bad Mid-Term investment with a projected -18.92% first-year return on $212k initial cash invested.
-18.92%
Cash On Cash
1.99%
Cap Rate
0.32
DSCR
$3,183
Rent
-$3,346
Cashflow
Cash Flow
$3,183 income − $6,529 expenses = $3,346 out of pocket
Investment Breakdown
|
Purchase Price
$925k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$212k
Downpayment
20%
$185k
Closing costs
1%
$9,250
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$3,183
Total Expenses
$6,529
Mortgage P&I
149%
$4,750
Property Taxes
12%
$374
Home Insurance
10%
$324
HOA
0%
$0
Property Management
12%
$382
CapEx
4%
$127
Vacancy
3%
$95
Maintenance
4%
$127
Other
11%
$350