This property looks like a bad Mid-Term investment with a projected -5.93% first-year return on $79,089 initial cash invested.
-5.93%
Cash On Cash
4.83%
Cap Rate
0.79
DSCR
$2,190
Rent
-$391
Cashflow
Cash Flow
$2,190 income − $2,581 expenses = $391 out of pocket
Investment Breakdown
|
Purchase Price
$291k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$79,089
Downpayment
20%
$58,180
Closing costs
1%
$2,909
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,190
Total Expenses
$2,581
Mortgage P&I
67%
$1,474
Property Taxes
12%
$256
Home Insurance
5%
$105
HOA
0%
$0
Property Management
12%
$263
CapEx
4%
$88
Vacancy
3%
$66
Maintenance
4%
$88
Other
11%
$241