This property looks like a bad Mid-Term investment with a projected -0.94% first-year return on $71,781 initial cash invested.
-0.94%
Cash On Cash
6.78%
Cap Rate
1.03
DSCR
$2,403
Rent
-$56
Cashflow
Cash Flow
$2,403 income − $2,459 expenses = $56 out of pocket
Investment Breakdown
|
Purchase Price
$256k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$71,781
Downpayment
20%
$51,220
Closing costs
1%
$2,561
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,403
Total Expenses
$2,459
Mortgage P&I
59%
$1,408
Property Taxes
5%
$128
Home Insurance
4%
$107
HOA
0%
$0
Property Management
12%
$288
CapEx
4%
$96
Vacancy
3%
$72
Maintenance
4%
$96
Other
11%
$264