This property looks like a bad Mid-Term investment with a projected -0.19% first-year return on $75,897 initial cash invested.
-0.19%
Cash On Cash
7.07%
Cap Rate
1.07
DSCR
$2,925
Rent
-$12
Cashflow
Cash Flow
$2,925 income − $2,937 expenses = $12 out of pocket
Investment Breakdown
|
Purchase Price
$276k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$75,897
Downpayment
20%
$55,140
Closing costs
1%
$2,757
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,925
Total Expenses
$2,937
Mortgage P&I
52%
$1,519
Property Taxes
11%
$322
Home Insurance
3%
$101
HOA
0%
$0
Property Management
12%
$351
CapEx
4%
$117
Vacancy
3%
$88
Maintenance
4%
$117
Other
11%
$322