This property looks like a bad Mid-Term investment with a projected -5.18% first-year return on $76,905 initial cash invested.
-5.18%
Cash On Cash
5.22%
Cap Rate
0.83
DSCR
$2,258
Rent
-$332
Cashflow
Cash Flow
$2,258 income − $2,590 expenses = $332 out of pocket
Investment Breakdown
|
Purchase Price
$281k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$76,905
Downpayment
20%
$56,100
Closing costs
1%
$2,805
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,258
Total Expenses
$2,590
Mortgage P&I
65%
$1,463
Property Taxes
11%
$258
Home Insurance
5%
$102
HOA
0%
$0
Property Management
12%
$271
CapEx
4%
$90
Vacancy
3%
$68
Maintenance
4%
$90
Other
11%
$248