This property looks like a bad Mid-Term investment with a projected -1.04% first-year return on $75,078 initial cash invested.
-1.04%
Cash On Cash
6.82%
Cap Rate
1.04
DSCR
$3,108
Rent
-$65
Cashflow
Cash Flow
$3,108 income − $3,173 expenses = $65 out of pocket
Investment Breakdown
|
Purchase Price
$272k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$75,078
Downpayment
20%
$54,360
Closing costs
1%
$2,718
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,108
Total Expenses
$3,173
Mortgage P&I
48%
$1,486
Property Taxes
17%
$522
Home Insurance
3%
$96
HOA
0%
$13
Property Management
12%
$373
CapEx
4%
$124
Vacancy
3%
$93
Maintenance
4%
$124
Other
11%
$342