This property looks like a bad Mid-Term investment with a projected -16.52% first-year return on $265k initial cash invested.
-16.52%
Cash On Cash
2.58%
Cap Rate
0.42
DSCR
$5,226
Rent
-$3,651
Cashflow
Cash Flow
$5,226 income − $8,877 expenses = $3,651 out of pocket
Investment Breakdown
|
Purchase Price
$1177k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$265k
Downpayment
20%
$235k
Closing costs
1%
$11,768
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$5,226
Total Expenses
$8,877
Mortgage P&I
114%
$5,972
Property Taxes
14%
$712
Home Insurance
8%
$416
HOA
0%
$0
Property Management
12%
$627
CapEx
4%
$209
Vacancy
3%
$157
Maintenance
4%
$209
Other
11%
$575