This property looks like a bad Mid-Term investment with a projected -4.78% first-year return on $70,500 initial cash invested.
-4.78%
Cash On Cash
5.48%
Cap Rate
0.85
DSCR
$2,156
Rent
-$281
Cashflow
Cash Flow
$2,156 income − $2,437 expenses = $281 out of pocket
Investment Breakdown
|
Purchase Price
$250k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$70,500
Downpayment
20%
$50,000
Closing costs
1%
$2,500
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,156
Total Expenses
$2,437
Mortgage P&I
62%
$1,337
Property Taxes
12%
$260
Home Insurance
4%
$88
HOA
1%
$19
Property Management
12%
$259
CapEx
4%
$86
Vacancy
3%
$65
Maintenance
4%
$86
Other
11%
$237