This property looks like a bad Mid-Term investment with a projected -19.52% first-year return on $254k initial cash invested.
-19.52%
Cash On Cash
2.08%
Cap Rate
0.33
DSCR
$3,572
Rent
-$4,135
Cashflow
Cash Flow
$3,572 income − $7,707 expenses = $4,135 out of pocket
Investment Breakdown
|
Purchase Price
$1125k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$254k
Downpayment
20%
$225k
Closing costs
1%
$11,250
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$3,572
Total Expenses
$7,707
Mortgage P&I
166%
$5,938
Property Taxes
4%
$160
Home Insurance
11%
$394
HOA
0%
$0
Property Management
12%
$429
CapEx
4%
$143
Vacancy
3%
$107
Maintenance
4%
$143
Other
11%
$393