This property looks like a bad Mid-Term investment with a projected -0.68% first-year return on $70,479 initial cash invested.
-0.68%
Cash On Cash
6.86%
Cap Rate
1.04
DSCR
$2,422
Rent
-$40
Cashflow
Cash Flow
$2,422 income − $2,462 expenses = $40 out of pocket
Investment Breakdown
|
Purchase Price
$250k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$70,479
Downpayment
20%
$49,980
Closing costs
1%
$2,499
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,422
Total Expenses
$2,462
Mortgage P&I
57%
$1,372
Property Taxes
7%
$178
Home Insurance
4%
$88
HOA
0%
$0
Property Management
12%
$291
CapEx
4%
$97
Vacancy
3%
$73
Maintenance
4%
$97
Other
11%
$266