This property looks like a bad Mid-Term investment with a projected -0.73% first-year return on $75,477 initial cash invested.
-0.73%
Cash On Cash
6.86%
Cap Rate
1.04
DSCR
$2,732
Rent
-$46
Cashflow
Cash Flow
$2,732 income − $2,778 expenses = $46 out of pocket
Investment Breakdown
|
Purchase Price
$274k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$75,477
Downpayment
20%
$54,740
Closing costs
1%
$2,737
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,732
Total Expenses
$2,778
Mortgage P&I
55%
$1,502
Property Taxes
9%
$249
Home Insurance
4%
$98
HOA
0%
$0
Property Management
12%
$328
CapEx
4%
$109
Vacancy
3%
$82
Maintenance
4%
$109
Other
11%
$301