This property looks like a bad Mid-Term investment with a projected -0.9% first-year return on $74,532 initial cash invested.
-0.9%
Cash On Cash
6.84%
Cap Rate
1.04
DSCR
$2,709
Rent
-$56
Cashflow
Cash Flow
$2,709 income − $2,765 expenses = $56 out of pocket
Investment Breakdown
|
Purchase Price
$269k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$74,532
Downpayment
20%
$53,840
Closing costs
1%
$2,692
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,709
Total Expenses
$2,765
Mortgage P&I
55%
$1,482
Property Taxes
10%
$272
Home Insurance
3%
$91
HOA
0%
$0
Property Management
12%
$325
CapEx
4%
$108
Vacancy
3%
$81
Maintenance
4%
$108
Other
11%
$298