This property looks like a bad Mid-Term investment with a projected -26.5% first-year return on $286k initial cash invested.
-26.5%
Cash On Cash
0.76%
Cap Rate
0.12
DSCR
$3,646
Rent
-$6,311
Cashflow
Cash Flow
$3,646 income − $9,957 expenses = $6,311 out of pocket
Investment Breakdown
|
Purchase Price
$1275k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$286k
Downpayment
20%
$255k
Closing costs
1%
$12,750
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$3,646
Total Expenses
$9,957
Mortgage P&I
191%
$6,971
Property Taxes
31%
$1,148
Home Insurance
12%
$446
HOA
4%
$152
Property Management
12%
$438
CapEx
4%
$146
Vacancy
3%
$109
Maintenance
4%
$146
Other
11%
$401