This property looks like a bad Mid-Term investment with a projected -18% first-year return on $380k initial cash invested.
-18%
Cash On Cash
2.84%
Cap Rate
0.43
DSCR
$9,003
Rent
-$5,703
Cashflow
Cash Flow
$9,003 income − $14,706 expenses = $5,703 out of pocket
Investment Breakdown
|
Purchase Price
$1725k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$380k
Downpayment
20%
$345k
Closing costs
1%
$17,250
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$9,003
Total Expenses
$14,706
Mortgage P&I
105%
$9,432
Property Taxes
18%
$1,610
Home Insurance
7%
$604
HOA
0%
$0
Property Management
12%
$1,080
CapEx
4%
$360
Vacancy
3%
$270
Maintenance
4%
$360
Other
11%
$990