This property looks like a bad Mid-Term investment with a projected -0.19% first-year return on $75,288 initial cash invested.
-0.19%
Cash On Cash
6.63%
Cap Rate
1.08
DSCR
$3,086
Rent
-$12
Cashflow
Cash Flow
$3,086 income − $3,098 expenses = $12 out of pocket
Investment Breakdown
|
Purchase Price
$273k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$75,288
Downpayment
20%
$54,560
Closing costs
1%
$2,728
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,086
Total Expenses
$3,098
Mortgage P&I
45%
$1,396
Property Taxes
18%
$558
Home Insurance
3%
$96
HOA
0%
$0
Property Management
12%
$370
CapEx
4%
$123
Vacancy
3%
$93
Maintenance
4%
$123
Other
11%
$339