This property looks like a bad Mid-Term investment with a projected -4.51% first-year return on $71,802 initial cash invested.
-4.51%
Cash On Cash
5.86%
Cap Rate
0.87
DSCR
$2,258
Rent
-$270
Cashflow
Cash Flow
$2,258 income − $2,528 expenses = $270 out of pocket
Investment Breakdown
|
Purchase Price
$256k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$71,802
Downpayment
20%
$51,240
Closing costs
1%
$2,562
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,258
Total Expenses
$2,528
Mortgage P&I
63%
$1,432
Property Taxes
10%
$236
Home Insurance
4%
$93
HOA
0%
$0
Property Management
12%
$271
CapEx
4%
$90
Vacancy
3%
$68
Maintenance
4%
$90
Other
11%
$248