This property looks like a bad Mid-Term investment with a projected -21.37% first-year return on $192k initial cash invested.
-21.37%
Cash On Cash
1.7%
Cap Rate
0.26
DSCR
$3,266
Rent
-$3,413
Cashflow
Cash Flow
$3,266 income − $6,679 expenses = $3,413 out of pocket
Investment Breakdown
|
Purchase Price
$827k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$192k
Downpayment
20%
$165k
Closing costs
1%
$8,268
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$3,266
Total Expenses
$6,679
Mortgage P&I
136%
$4,455
Property Taxes
25%
$821
Home Insurance
9%
$292
HOA
0%
$0
Property Management
12%
$392
CapEx
4%
$131
Vacancy
3%
$98
Maintenance
4%
$131
Other
11%
$359