This property looks like a bad Mid-Term investment with a projected -4.09% first-year return on $74,238 initial cash invested.
-4.09%
Cash On Cash
5.67%
Cap Rate
0.88
DSCR
$2,186
Rent
-$253
Cashflow
Cash Flow
$2,186 income − $2,439 expenses = $253 out of pocket
Investment Breakdown
|
Purchase Price
$268k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$74,238
Downpayment
20%
$53,560
Closing costs
1%
$2,678
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,186
Total Expenses
$2,439
Mortgage P&I
65%
$1,431
Property Taxes
8%
$172
Home Insurance
4%
$94
HOA
0%
$0
Property Management
12%
$262
CapEx
4%
$87
Vacancy
3%
$66
Maintenance
4%
$87
Other
11%
$240