This property looks like a bad Mid-Term investment with a projected -15.42% first-year return on $286k initial cash invested.
-15.42%
Cash On Cash
3.49%
Cap Rate
0.52
DSCR
$7,208
Rent
-$3,677
Cashflow
Cash Flow
$7,208 income − $10,885 expenses = $3,677 out of pocket
Investment Breakdown
|
Purchase Price
$1277k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$286k
Downpayment
20%
$255k
Closing costs
1%
$12,766
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$7,208
Total Expenses
$10,885
Mortgage P&I
99%
$7,105
Property Taxes
12%
$875
Home Insurance
6%
$455
HOA
0%
$0
Property Management
12%
$865
CapEx
4%
$288
Vacancy
3%
$216
Maintenance
4%
$288
Other
11%
$793