This property looks like a bad Mid-Term investment with a projected -16.92% first-year return on $202k initial cash invested.
-16.92%
Cash On Cash
2.79%
Cap Rate
0.43
DSCR
$4,148
Rent
-$2,846
Cashflow
Cash Flow
$4,148 income − $6,994 expenses = $2,846 out of pocket
Investment Breakdown
|
Purchase Price
$876k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$202k
Downpayment
20%
$175k
Closing costs
1%
$8,755
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$4,148
Total Expenses
$6,994
Mortgage P&I
114%
$4,719
Property Taxes
13%
$550
Home Insurance
8%
$315
HOA
0%
$0
Property Management
12%
$498
CapEx
4%
$166
Vacancy
3%
$124
Maintenance
4%
$166
Other
11%
$456