This property looks like a bad Mid-Term investment with a projected -20.73% first-year return on $277k initial cash invested.
-20.73%
Cash On Cash
2.08%
Cap Rate
0.32
DSCR
$4,868
Rent
-$4,786
Cashflow
Cash Flow
$4,868 income − $9,654 expenses = $4,786 out of pocket
Investment Breakdown
|
Purchase Price
$1234k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$277k
Downpayment
20%
$247k
Closing costs
1%
$12,337
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$4,868
Total Expenses
$9,654
Mortgage P&I
138%
$6,732
Property Taxes
12%
$604
Home Insurance
9%
$455
HOA
4%
$208
Property Management
12%
$584
CapEx
4%
$195
Vacancy
3%
$146
Maintenance
4%
$195
Other
11%
$535