This property looks like a bad Mid-Term investment with a projected -26.53% first-year return on $205k initial cash invested.
-26.53%
Cash On Cash
0.55%
Cap Rate
0.08
DSCR
$2,566
Rent
-$4,533
Cashflow
Cash Flow
$2,566 income − $7,099 expenses = $4,533 out of pocket
Investment Breakdown
|
Purchase Price
$891k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$205k
Downpayment
20%
$178k
Closing costs
1%
$8,905
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$2,566
Total Expenses
$7,099
Mortgage P&I
189%
$4,838
Property Taxes
35%
$898
Home Insurance
19%
$490
HOA
0%
$0
Property Management
12%
$308
CapEx
4%
$103
Vacancy
3%
$77
Maintenance
4%
$103
Other
11%
$282