This property looks like a bad Mid-Term investment with a projected -2.02% first-year return on $73,566 initial cash invested.
-2.02%
Cash On Cash
6.46%
Cap Rate
0.98
DSCR
$2,562
Rent
-$124
Cashflow
Cash Flow
$2,562 income − $2,686 expenses = $124 out of pocket
Investment Breakdown
|
Purchase Price
$265k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$73,566
Downpayment
20%
$52,920
Closing costs
1%
$2,646
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,562
Total Expenses
$2,686
Mortgage P&I
56%
$1,447
Property Taxes
11%
$271
Home Insurance
4%
$98
HOA
0%
$0
Property Management
12%
$307
CapEx
4%
$102
Vacancy
3%
$77
Maintenance
4%
$102
Other
11%
$282