This property looks like a bad Mid-Term investment with a projected -20.12% first-year return on $325k initial cash invested.
-20.12%
Cash On Cash
2.34%
Cap Rate
0.36
DSCR
$7,431
Rent
-$5,446
Cashflow
Cash Flow
$7,431 income − $12,877 expenses = $5,446 out of pocket
Investment Breakdown
|
Purchase Price
$1461k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$325k
Downpayment
20%
$292k
Closing costs
1%
$14,607
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$7,431
Total Expenses
$12,877
Mortgage P&I
108%
$8,001
Property Taxes
19%
$1,414
Home Insurance
7%
$508
HOA
6%
$428
Property Management
12%
$892
CapEx
4%
$297
Vacancy
3%
$223
Maintenance
4%
$297
Other
11%
$817