This property looks like a bad Mid-Term investment with a projected -6.66% first-year return on $73,650 initial cash invested.
-6.66%
Cash On Cash
4.73%
Cap Rate
0.76
DSCR
$1,752
Rent
-$409
Cashflow
Cash Flow
$1,752 income − $2,161 expenses = $409 out of pocket
Investment Breakdown
|
Purchase Price
$265k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$73,650
Downpayment
20%
$53,000
Closing costs
1%
$2,650
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$1,752
Total Expenses
$2,161
Mortgage P&I
79%
$1,384
Property Taxes
5%
$88
Home Insurance
5%
$93
HOA
0%
$0
Property Management
12%
$210
CapEx
4%
$70
Vacancy
3%
$53
Maintenance
4%
$70
Other
11%
$193