This property looks like a bad Mid-Term investment with a projected -8.07% first-year return on $80,895 initial cash invested.
-8.07%
Cash On Cash
4.72%
Cap Rate
0.72
DSCR
$2,258
Rent
-$544
Cashflow
Cash Flow
$2,258 income − $2,802 expenses = $544 out of pocket
Investment Breakdown
|
Purchase Price
$300k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$80,895
Downpayment
20%
$59,900
Closing costs
1%
$2,995
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,258
Total Expenses
$2,802
Mortgage P&I
72%
$1,631
Property Taxes
13%
$299
Home Insurance
5%
$105
HOA
0%
$0
Property Management
12%
$271
CapEx
4%
$90
Vacancy
3%
$68
Maintenance
4%
$90
Other
11%
$248