This property looks like a bad Mid-Term investment with a projected -0.98% first-year return on $77,976 initial cash invested.
-0.98%
Cash On Cash
6.45%
Cap Rate
1.03
DSCR
$2,610
Rent
-$64
Cashflow
Cash Flow
$2,610 income − $2,674 expenses = $64 out of pocket
Investment Breakdown
|
Purchase Price
$286k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$77,976
Downpayment
20%
$57,120
Closing costs
1%
$2,856
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,610
Total Expenses
$2,674
Mortgage P&I
57%
$1,495
Property Taxes
7%
$191
Home Insurance
4%
$102
HOA
0%
$0
Property Management
12%
$313
CapEx
4%
$104
Vacancy
3%
$78
Maintenance
4%
$104
Other
11%
$287