This property looks like a bad Mid-Term investment with a projected -14.66% first-year return on $210k initial cash invested.
-14.66%
Cash On Cash
3.49%
Cap Rate
0.53
DSCR
$5,268
Rent
-$2,560
Cashflow
Cash Flow
$5,268 income − $7,828 expenses = $2,560 out of pocket
Investment Breakdown
|
Purchase Price
$912k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$210k
Downpayment
20%
$182k
Closing costs
1%
$9,122
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$5,268
Total Expenses
$7,828
Mortgage P&I
95%
$4,999
Property Taxes
11%
$578
Home Insurance
6%
$326
HOA
3%
$134
Property Management
12%
$632
CapEx
4%
$211
Vacancy
3%
$158
Maintenance
4%
$211
Other
11%
$579