This property looks like a bad Mid-Term investment with a projected -4.67% first-year return on $74,448 initial cash invested.
-4.67%
Cash On Cash
5.84%
Cap Rate
0.87
DSCR
$2,462
Rent
-$290
Cashflow
Cash Flow
$2,462 income − $2,752 expenses = $290 out of pocket
Investment Breakdown
|
Purchase Price
$269k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$74,448
Downpayment
20%
$53,760
Closing costs
1%
$2,688
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,462
Total Expenses
$2,752
Mortgage P&I
61%
$1,501
Property Taxes
12%
$306
Home Insurance
3%
$86
HOA
1%
$23
Property Management
12%
$295
CapEx
4%
$98
Vacancy
3%
$74
Maintenance
4%
$98
Other
11%
$271