This property looks like a bad Mid-Term investment with a projected -3.77% first-year return on $73,755 initial cash invested.
-3.77%
Cash On Cash
5.89%
Cap Rate
0.9
DSCR
$2,108
Rent
-$232
Cashflow
Cash Flow
$2,108 income − $2,340 expenses = $232 out of pocket
Investment Breakdown
|
Purchase Price
$266k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$73,755
Downpayment
20%
$53,100
Closing costs
1%
$2,655
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,108
Total Expenses
$2,340
Mortgage P&I
69%
$1,451
Property Taxes
4%
$80
Home Insurance
4%
$93
HOA
0%
$0
Property Management
12%
$253
CapEx
4%
$84
Vacancy
3%
$63
Maintenance
4%
$84
Other
11%
$232