This property looks like a bad Mid-Term investment with a projected -0.1% first-year return on $75,729 initial cash invested.
-0.1%
Cash On Cash
7.06%
Cap Rate
1.07
DSCR
$2,847
Rent
-$6
Cashflow
Cash Flow
$2,847 income − $2,853 expenses = $6 out of pocket
Investment Breakdown
|
Purchase Price
$275k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$75,729
Downpayment
20%
$54,980
Closing costs
1%
$2,749
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,847
Total Expenses
$2,853
Mortgage P&I
53%
$1,510
Property Taxes
10%
$279
Home Insurance
3%
$96
HOA
0%
$0
Property Management
12%
$342
CapEx
4%
$114
Vacancy
3%
$85
Maintenance
4%
$114
Other
11%
$313