This property looks like a bad Mid-Term investment with a projected -4.73% first-year return on $74,343 initial cash invested.
-4.73%
Cash On Cash
5.68%
Cap Rate
0.86
DSCR
$2,301
Rent
-$293
Cashflow
Cash Flow
$2,301 income − $2,594 expenses = $293 out of pocket
Investment Breakdown
|
Purchase Price
$268k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$74,343
Downpayment
20%
$53,660
Closing costs
1%
$2,683
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,301
Total Expenses
$2,594
Mortgage P&I
64%
$1,470
Property Taxes
11%
$246
Home Insurance
4%
$96
HOA
0%
$0
Property Management
12%
$276
CapEx
4%
$92
Vacancy
3%
$69
Maintenance
4%
$92
Other
11%
$253