This property looks like a bad Mid-Term investment with a projected -7.27% first-year return on $73,629 initial cash invested.
-7.27%
Cash On Cash
4.92%
Cap Rate
0.75
DSCR
$2,036
Rent
-$446
Cashflow
Cash Flow
$2,036 income − $2,482 expenses = $446 out of pocket
Investment Breakdown
|
Purchase Price
$265k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$73,629
Downpayment
20%
$52,980
Closing costs
1%
$2,649
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,036
Total Expenses
$2,482
Mortgage P&I
71%
$1,452
Property Taxes
12%
$245
Home Insurance
5%
$94
HOA
0%
$0
Property Management
12%
$244
CapEx
4%
$81
Vacancy
3%
$61
Maintenance
4%
$81
Other
11%
$224