This property looks like a bad Mid-Term investment with a projected -14.96% first-year return on $259k initial cash invested.
-14.96%
Cash On Cash
3.3%
Cap Rate
0.51
DSCR
$5,793
Rent
-$3,225
Cashflow
Cash Flow
$5,793 income − $9,018 expenses = $3,225 out of pocket
Investment Breakdown
|
Purchase Price
$1146k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$259k
Downpayment
20%
$229k
Closing costs
1%
$11,462
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$5,793
Total Expenses
$9,018
Mortgage P&I
106%
$6,141
Property Taxes
9%
$505
Home Insurance
7%
$402
HOA
0%
$0
Property Management
12%
$695
CapEx
4%
$232
Vacancy
3%
$174
Maintenance
4%
$232
Other
11%
$637