This property looks like a bad Mid-Term investment with a projected -27.19% first-year return on $270k initial cash invested.
-27.19%
Cash On Cash
0.02%
Cap Rate
0
DSCR
$1,670
Rent
-$6,117
Cashflow
Cash Flow
$1,670 income − $7,787 expenses = $6,117 out of pocket
Investment Breakdown
|
Purchase Price
$1200k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$270k
Downpayment
20%
$240k
Closing costs
1%
$12,000
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$1,670
Total Expenses
$7,787
Mortgage P&I
363%
$6,068
Property Taxes
44%
$731
Home Insurance
25%
$420
HOA
0%
$0
Property Management
12%
$200
CapEx
4%
$67
Vacancy
3%
$50
Maintenance
4%
$67
Other
11%
$184