This property looks like a bad Mid-Term investment with a projected -7.37% first-year return on $70,458 initial cash invested.
-7.37%
Cash On Cash
4.69%
Cap Rate
0.72
DSCR
$1,539
Rent
-$433
Cashflow
Cash Flow
$1,539 income − $1,972 expenses = $433 out of pocket
Investment Breakdown
|
Purchase Price
$250k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$70,458
Downpayment
20%
$49,960
Closing costs
1%
$2,498
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$1,539
Total Expenses
$1,972
Mortgage P&I
88%
$1,348
Property Taxes
1%
$12
Home Insurance
6%
$88
HOA
0%
$0
Property Management
12%
$185
CapEx
4%
$62
Vacancy
3%
$46
Maintenance
4%
$62
Other
11%
$169