This property looks like a bad Mid-Term investment with a projected -19.39% first-year return on $281k initial cash invested.
-19.39%
Cash On Cash
2.09%
Cap Rate
0.33
DSCR
$4,080
Rent
-$4,536
Cashflow
Cash Flow
$4,080 income − $8,616 expenses = $4,536 out of pocket
Investment Breakdown
|
Purchase Price
$1251k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$281k
Downpayment
20%
$250k
Closing costs
1%
$12,513
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$4,080
Total Expenses
$8,616
Mortgage P&I
161%
$6,555
Property Taxes
4%
$174
Home Insurance
11%
$455
HOA
1%
$45
Property Management
12%
$490
CapEx
4%
$163
Vacancy
3%
$122
Maintenance
4%
$163
Other
11%
$449